ResolvLabs Stablecoin USR Suspected Vulnerability, Sharp Plunge of 74.2% to $0.257

USDC-0,01%

Gate News Report, March 22 — According to on-chain analysts, ResolvLabs stablecoin USR is suspected of having a vulnerability. An address used 100,000 USDC to mint 50 million USR, causing USR to plummet to $0.257, a 74.2% drop. The price has since recovered somewhat and is currently quoted at $0.7847. As of press time, the ResolvLabs team has not responded to this incident.

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