Synthetix stablecoin sUSD once dropped to $0.66, hitting a new all-time low.

According to Wu, Synthetix's stablecoin $sUSD continues its trend of decoupling, dropping to a historical low of $0.66 at 11:26 AM (UTC+8) yesterday, and the current price has recovered to $0.827. Analysis indicates that the decoupling of $sUSD is not due to bad debt or mechanical failure, but rather a side effect of the SIP-420 upgrade.