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Resupply Recovers $10 Million Debt After June Incident

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by Giorgi Kostiuk

11 hours ago

The decentralized finance protocol Resupply announced it has fully repaid $10 million in debt resulting from a June 2025 incident.

Resupply Repays Debt

Resupply has announced that it has **fully repaid $10 million** in bad debt incurred from a June exploit. This marks a significant milestone for the decentralized finance (DeFi) sector. The repayment underscores DeFi's resilience and demonstrates the ecosystem's capacity for recovery.

reUSD Stabilization and Recovery

Following the exploit, Resupply saw a sharp **decrease** in its Total Value Locked (TVL), affecting its stablecoin, reUSD. Strategic moves aimed at restoring stability included repaying the community and addressing liabilities. The financial remedy involved a multi-million **reUSD token burn**.

Strategic Parallels in DeFi Recoveries

The repayment shares similarities with **previous DeFi recovery cases** such as those affecting Euler and Curve, where partial coverage originated from insurance funds. This approach highlights the importance of utilizing reUSD and RSUP tokens in DeFi to counteract such **exploitative actions**.

The debt repayment and stabilization efforts affirm the ability of decentralized finance to manage crises and ensure sustainable growth.

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