Elixir-shuts-down-de-USD-stablecoin-after-Stream-loses-$93-million

Elixir Shuts Down deUSD Stablecoin After Stream Loses $93 Million

Stream Finance disclosed a $93 million shortfall earlier in the week, prompting serious concerns Elixir, a decentralized finance liquidity provider, has shut down operations for its synthetic stablecoin deUSD following a major loss connected to Stream Finance. The decision comes after Stream disclosed a $93 million shortfall earlier in the week, causing a chain reaction

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