The USX stablecoin on Solana experienced a depeg to $0.1 due to liquidity exhaustion, but later rebounded to $0.94 after liquidity was injected.
PANews, December 26—According to disclosures from PeckShield, the stablecoin USX on Solana experienced a sharp drop in liquidity and briefly fell to $0.1 on the secondary market. After an emergency capital injection by Solstice officials, it has now rebounded to $0.94. The Solstice team emphasized that USX assets remain over 100% collateralized and their net value has not been affected.
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