Stablecoin Panic Took Costs: Sold 131 Thousand Dollars for $0!

After Polygon (MATIC) based Real USD (USDR) was de-pegged, the user who sold in panic was left empty-handed.

Real USD In the statement made yesterday by Tangible DAO, the decentralized autonomous organization behind it, DAI in the treasury has been emptied He had given space. With this development, USDR was de-pegged. for $0.51 had regressed.

On-chain analytics platform Lookonchain announced on October 12 in sharingwhere Real USD lives de-peg After a user panic selling 131 thousand dollars existence 0 USD Coin (USDC) He replaced it with .

User, decentralized finance (DeFi) protocol OceanSwap had used it. Almost Exchange for 0 dollars The person who made the transaction even paid more for the transaction fee than the money he received.

During this process, a MEV boat, 107 thousand dollars earned arbitrage income.

According to CoinGecko data, USDR lives de-peg Although it showed some recovery afterwards, it could not regain its stability. Current price from $0.533 finds buyers.


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