A stablecoin is supposed to be worth a dollar. Resolv's USR is worth 27 cents and the math to fix it doesn't work.
An attacker exploited a flaw in Resolv's USR stablecoin minting contract around 2:21 a.m. UTC on Sunday, creating approximately 80 million unbacked tokens across two transactions and extracting roughly $25 million, according to multiple blockchain security firms and onchain data.