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11/3/25
$93M Shock: Stream Finance Suspends Deposits, XUSD Crashes Below Peg Amid DeFi Turmoil
Stream Finance has paused deposits and withdrawals after an external fund manager disclosed a roughly $93 million loss in fund assets, according to the protocol’s announcement on X. The team said it has engaged Perkins Coie attorneys Keith Miller and Joseph Cutler to investigate and is withdrawing all liquid assets while providing periodic updates.
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