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$MSUSD Depegs After Accountable Pulls Verification
🔹 Down ~95% In 24h (Near $1 → ~$0.05 Low)
🔹 Trigger: Accountable Terminated Its Proof-Of-Reserves Agreement With @Main_St_Finance On June 20, Citing Failure To Meet Verification Standards
🔹 No Exploit. Just A Confidence Break. Once The Verifier Walked, The Market Couldn't Price The Backing.
Lesson: A Stablecoin Leaning On A Single External Verifier Inherits That Verifier's Exit Risk.
🫵 R U Holding $MSUSD?