Yes, that's usually caused by high resistance at the contact. It appears you are not getting an effective wipe on the fuse lead. See how the tin plating is scuffed on the non-melted side?
I recently battled fuse 40 with a used 2016 I picked up. My issue was a little different! I'll share it here for anyone else that has this issue.
The car had lth, rxt clutch, 18+ intake, and various other mods. During my initial inspection and test drive I noticed A/F seemed a bit too steady...