According to Odaily Planet Daily, the staked stablecoin Staked Stream USD (XUSD) has further de-pegged, falling more than 57% in 24 hours and currently trading at $0.535.

Previously, Stream Finance stated: "Yesterday, the external fund manager responsible for managing Stream funds disclosed that approximately $93 million of Stream fund assets suffered losses, and an investigation has been launched. All liquid assets are being actively withdrawn, and this process is expected to be completed in the near future. All withdrawals and deposits will be temporarily suspended until the scope and cause of the losses are fully assessed, and currently processed deposit requests will not be executed."