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 secondaryPANews 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
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.
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