Stream Finance Collects Creditor Claim Details After xUSD Falls to About $0.08

Stream Finance began collecting creditor claim details after xUSD traded at about $0.08, about 92% below its peg. According to NS3.AI, Stream said submitting the form does not confirm any claim, entitlement, or right to payment. Stream did not provide a deadline for submissions or explain how any resolution would be structured. Yields and More estimated about $285 million of direct debt exposure across affected lending markets.