How USP Depegging on Avalanche-Based Platypus Finance Was Caused by a Solvency Check Error
Platypus Money’s local stablecoin tumbled to 48 pennies from $1 prior on Friday following the assault According to the developers, Platypus Finance’s USP stablecoin lost more than 50% of its intended peg with US dollars earlier on Friday due to a flaw in a key pricing mechanism. Platypus posted a message on its Twitter account…