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by: xpoolPosted on: December 5, 2025

Decentralized Stablecoin Suffers Major Loss Due to Administrator Hack

A recent security breach involving the decentralized stablecoin protocol USPD has resulted in a significant loss of approximately $1 million. This incident highlights vulnerabilities within the DeFi ecosystem despite protocols’ intended trustlessness. How did this exploit occur, and what are the implications for future stablecoins?

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  3. Sony Bank Launches USD Stablecoin for Gaming, Anime Purchases
  4. Taiwan Announces Launch of Regulated Stablecoin for Increased Financial Stability
Cryptocurrency Security Decentralized Finance (DeFi) Stablecoin

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