
PANews April 28 news, the Avalanche Foundation announced on platform X that it has joined the DeFi United coordination action to support the restoration of rsETH collateral support. It stated that DeFi is publicly undergoing stress tests, with transparent accounts and real accountability, which traditional finance rarely achieves, and even when it does, it can take months or years to resolve. Systems that withstand pressure will become more resilient, which is a prerequisite for handling cash flows on the scale of traditional finance.
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