ResolvLabs stablecoin suspected of a vulnerability, USR temporarily plummeted to $0.257

Mars Finance reports that on-chain analysts have detected a potential vulnerability in ResolvLabs’ stablecoin. The team has not responded yet. One address used 100,000 USDC to mint 50,000,000 USR, causing USR to plummet to $0.257, a 74.2% drop. It has now recovered to $0.7847.

USDC0.02%
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