Initia Foundation Approves Capital Injection to Restore Affected Asset Pegs
By: x.com|10/28/2026 10:11:32
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The Initia Foundation has approved a capital injection to fully restore the 1:1 peg of Noble USDC, WETH, and AUSD0 as collateral for iUSD. These assets were affected by a security incident on October 23. The injection will cover the verified shortfall, capped at 1,080,000 USDC, 105 ETH, and 1,400,000 AUSD0, and will be executed after reconciliation is completed and final transfer approval is obtained. The peg will be fully restored when the chain resumes operation. Initia previously disclosed that the security fix for the vulnerability has been drafted and is currently being audited by security partners.
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