ResolvLabs Stablecoin Allegedly Suffers Exploit, USR Plummets to $0.257

Odaily Planet Daily reports that on-chain analyst Ai Yi has detected a potential vulnerability in ResolvLabs’ stablecoin. The team has not responded yet. One address used 100,000 USDC to mint 50 million USR, causing USR to temporarily plummet to $0.257, a 74.2% drop. It has now recovered to $0.7847.

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