Stream Finance has suspended all deposits and withdrawals after reporting a $93 million loss, intensifying concerns within the DeFi sector. The platform’s stablecoin, Staked Stream USD (XUSD), depegged sharply to $0.50 from its intended $1 value. The company is actively investigating the incident, working with Perkins Coie LLP to determine its cause and scope, and pursuing recovery of affected assets. The suspension aims to protect remaining user funds and prevent further instability across the protocol.