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{"id":17277,"date":"2026-06-21T20:10:58","date_gmt":"2026-06-21T20:10:58","guid":{"rendered":"http:\/\/hongkongbuybitcoin.com\/?p=17277"},"modified":"2026-06-21T20:10:58","modified_gmt":"2026-06-21T20:10:58","slug":"mainstreet-defends-msusd-backing-after-85-price-drop","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=17277","title":{"rendered":"MainStreet defends MSUSD backing after 85% price drop"},"content":{"rendered":"

MainStreet Finance-linked MSUSD traded far below its intended dollar peg following a rapid sell-off due to reserve-verification concerns. The token traded near $0.378 on CoinGecko, with liquidity concerns spreading online. Accountable terminated its service agreement with MainStreet, citing verification standards not being met. MainStreet stated assets are fully backed and seeking alternative proof-of-reserves providers.<\/p>\n","protected":false},"author":1,"featured_media":16847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-17277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/17277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17277"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/17277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/16847"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}