BeInCrypto

Altura Begins Orderly Vault Wind-Down as Withdrawal Demand Surges

Altura is unwinding its multi-strategy stablecoin vault after processing millions in user withdrawals over 24 hours. CEO Ranveer Arora cited sustained redemption demand and market sentiment as the drivers behind the decision. The shutdown comes shortly after Altura denied exposure to Main Street USD (msUSD), a stablecoin that recently lost its dollar peg. Altura CEO

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