Resolv's Stablecoin USR Drops Over 95% to $0.049 Amid Attack

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ChainThink reports that on March 22, according to market data, following the attack on Resolv, the depreciation of its stablecoin USR has worsened, with a 24-hour decline exceeding 95%, currently trading at $0.049. RESOLV has also dropped over 12.3% in the past 24 hours, currently priced at $0.0526.


The Resolv team stated several hours ago that no loss of underlying assets has occurred, and the minting attack is still under investigation. To date, the Resolv attacker has purchased 11,422 ETH, valued at $23.66 million.

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