Token Tales 📖 @tokentaies

MSUSD stablecoin lost its peg amid panic over its reserves — the company…

MSUSD stablecoin lost its peg amid panic over its reserves — the company responsible for verifying the stablecoin’s backing has refused to continue working with the project. 📉 Project representatives claim that the funds are still in place and the stablecoin remains fully backed, saying the issue is only the loss of external verification.

Jun 23, 2026, 5:45 AM · United Arab Emirates

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