Essential Avenue msUSD Stablecoin Collapses After Depeg and Liquidations
Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure The decentralized stablecoin msUSD, issued by the Essential Avenue protocol, has misplaced its greenback peg. The stablecoin collapsed on June 20, 2026, following a cascade of liquidations and important collateral imbalances that appeared on-chain. Essential Avenue’s msUSD stablecoin has depegged…