Stream Finance Loses $93 Million as Stablecoin XUSD Collapses
Yahoo Finance·2025-11-05 06:55
Stream Finance has been thrown into crisis after revealing that an external fund manager lost around $93 million of the platform’s assets. The news sent shockwaves through its ecosystem, triggering a rapid sell‑off and causing its stablecoin, XUSD, to plunge by nearly 77 percent. The collapse has left users stranded with frozen accounts and a trail of unanswered questions about how such a massive loss occurred. The Domino Effect Behind the Collapse According to Stream Finance, the missing funds originate ...