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CoinDesk Nov 7, 2025 at 12:32 AM By Jamie Redman

USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37

On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer expl

Crypto News|Cryptocurrency|Prices|Stablecoin

USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37

On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer expl

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