sUSD de-pegged to 0.869 USD, Synthetix founder has taken corrective measures.

Gate.io News bot message indicates that the sUSD price has experienced a decoupling, dropping to a low of 0.869 USD, with the current trading price at 0.908 USD. Synthetix founder Kain released a statement regarding this matter, confirming that the sUSD peg correction mechanism is currently in a transitional phase, and the team has completed 90% of the ETH selling operation and increased their holdings in SNX.

Source: Wu Says

SUSD-1.69%
SNX-1.07%
ETH0.43%
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