Cryptocurrency23 Mar 2026SEO 801 min read

Analysis: Resolv stablecoin drops 70% after $80 million exploit after attacker mints USR

The protocol holds $95 million in assets against $173 million in liabilities, leaving it functionally insolvent. USR is trading at $0.27, down 72% in a week. R…

The protocol holds $95 million in assets against $173 million in liabilities, leaving it functionally insolvent. USR is trading at $0.27, down 72% in a week. Resolv Labs' USR stablecoin lost its dollar peg after a compromised private key let an attacker mint about $80 million in uncollateralized tokens, leaving the coin trading around 27 cents. With roughly $95 million in assets backing about $173 million in USR, the protocol is only about 55 percent collateralized, and pre-incident holder…

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