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Main Street msUSD Stablecoin Collapses After Depeg Amidst On-Chain Liquidations

The msUSD stablecoin from Main Street has depegged, collapsing 90% on June 20, 2026, due to on-chain liquidations and liquidity imbalances.

  • Read at Bitcoinist
  • Sun, 21 Jun 2026 11:45:41 +0000
Main Street msUSD Stablecoin Collapses After Depeg Amidst On-Chain Liquidations