Solana Stablecoin USX Plummets to $0.10 in Depeg Amid Liquidity Crunch
USX suffered one of 2025’s sharpest stablecoin depegs, plunging to $0.10 before market makers restored liquidity. The USX stablecoin on Solana lost its dollar peg on December 26, collapsing to just $0.10 on secondary markets. This sudden drop, caused by a severe lack of liquidity, marks one of the most extreme depegs for a major...
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