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Solana Stablecoin USX Plummets to $0.10 in Depeg Amid Liquidity Crunch


Solana Stablecoin USX Plummets to $0.10 in Depeg Amid Liquidity Crunch

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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 stablecoin this year.

Read the article at CryptoPotato

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