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Venus Protocol: Flux Market Suspends USR Trading, Venus Core Unaffected
reported that Venus Protocol announced on platform X that due to the de-pegging of Resolve Labs' stablecoin USR, trading of USR has been suspended on the Venus Flux market. However, Venus Core remains unaffected and user funds are safe. The situation is being closely monitored. Previously, ResolvLabs' stablecoin USR was suspected of having a vulnerability, and the team has not yet responded. USR once plummeted to $0.257 and is currently trading at $0.8571, not yet fully restored to its peg.
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