Resupply, a stablecoin protocol, announced that it has fully repaid $10 million in bad debts

BlockBeats News: On August 1st, according to official sources, the stablecoin protocol Resupply announced that the $10 million bad debt has now been fully repaid. Among them, $8.8 million in bad debts related to recent security vulnerabilities have been repaid first. The remaining bad debt of $1.13 million will be covered by a loan obtained from Yearn, and will be gradually repaid through the proceeds generated from the RSUP pledged in Convex and Yearn Finance through an agreement. At this point, all bad debts have been officially cleared.