Someone deposited $200,000 into a stablecoin protocol and walked away with $25 million in ETH 17 minutes later Resolv's USR stablecoin lost its dollar peg today after an attacker exploited a flaw in the minting contract He deposited $200,000 in USDC and minted 80 million USR That's a 500:1 ratio on a token designed to always be worth $1 First mint: 50 million USR Second mint: 30 million USR He dumped it all across Curve and other DEXs USR went from $1 to $0.025 in 17 minutes The attacker swapped everything into ETH and is now sitting on 11,409 ETH worth $23.7 million The minting role was controlled by one wallet Not a multisig Not audited properly Just one key controlling an $80 million print button Resolv claims "the collateral pool remains fully intact" Which is technically true because the attacker didn't steal collateral He just printed money out of thin air