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sUSD (formerly nUSD) is the stablecoin in the Havven network. It offers a decentralised and scalable solution to a significant problem in the blockchain ecosystem: price volatility.
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With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits on innocent contracts.
Despite the stagnation in the altcoin market, evidenced by Bitcoin outperforming Ethereum in its latest leg higher, investors are still throwing millions at new investments.
It appears that even after a strong retracement, the decentralized finance (DeFi) space is far from dead.
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