Resolv's Stablecoin USR Surpasses $0.6, Rebounds Over 130% in One Hour

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ETH news: Resolv's stablecoin USR rebounded above $0.6 on March 22, surging over 130% in one hour. The platform’s native token RESOLV rose to $0.056, with its 24-hour decline narrowing to 7.5%. The Resolv team confirmed no losses to underlying assets, and the recent minting attack is under investigation. Attackers have purchased 11,422 ETH, valued at $23.66 million, according to the latest ETH update.

ChainThink report: On March 22, according to market data, Resolv’s stablecoin USR rebounded above $0.60, rising over 130% in the past hour. Meanwhile, RESOLV rose to $0.056, with its 24-hour decline narrowing to 7.5%.


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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