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Synthetix officially launches sUSD 420 Pool to tackle ongoing stablecoin issues

Micah Zimmerman
April 19, 2025
synthetix-officially-launches-susd-420-pool-to-tackle-ongoing-stablecoin-issues
Synthetix officially launches sUSD 420 Pool to tackle ongoing stablecoin issues
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Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg. The “sUSD 420 Pool,”  Announced by founder Kain Warwick on X, the pool will reward participants…

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