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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