The Solana on-chain USX stablecoin briefly de-pegged to $0.1 due to a liquidity crunch, but recovered to $0.94 after liquidity was injected.

PANews reported on December 26 that, according to PeckShield, the stablecoin USX on Solana experienced a sharp drop in liquidity, falling to $0.1 on the secondary market. After an emergency injection of funds from Solstice, it has since recovered to $0.94. The Solstice team emphasized that USX assets remain over 100% collateralized, and its net asset value has not been affected.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
2 hour ago
2 hour ago
3 hour ago
4 hour ago
4 hour ago
5 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读