Expert Warns of $93M xUSD Collapse Tied to Morpho and Euler Lending Exposure

TLDR: Top expert warns of $93M xUSD collapse tied to Morpho and Euler lending exposure. Depeg triggered by collateral drain and mass liquidations in Stream Defi’s xUSD pools. Morpho and Euler confirm exposure monitoring as users face liquidity losses. Analysts urge stronger collateral rules and transparency in DeFi stablecoin design. A DeFi expert has sounded [...]

The post Expert Warns of $93M xUSD Collapse Tied to Morpho and Euler Lending Exposure appeared first on Blockonomi.