The post Synthetic’s sUSD Stablecoin De-Pegs, Plummets to $0.92 appeared first on Coinpedia Fintech News Synthetic’s decentralized stablecoin, sUSD, fell below its $1 peg, reaching as low as $0.92 before recovering to $0.96 due to increased selling on decentralized exchanges. Chao Labs discovered that the de-pegging was triggered by a major liquidity provider withdrawing from Curve’s sBTC/wBTC liquidity pool. As the stablecoin managed to recover to $0.96, a user exchanged …