Internet reports that on October 10, the new stablecoin USST launched by stablecoin platform STBL fell below the anchored price of US$1 within a few hours of launch on the Curve platform, falling to a minimum of US$0.96. One of the co-founders of the STBL platform is also the co-founder of Tether. This unanchoring incident has raised market concerns about the credibility of the project. According to data from GeckoTerminal, as of press time, the USST trading price was approximately US$0.9746, a drop of 1.75% in 24 hours; its market value is approximately US$963,900, with only 53 holders.