TL;DR Solstice’s USX experienced a temporary de-peg driven by heavy selling pressure and low liquidity, reigniting concerns about stablecoin stability on Solana. The protocol injected liquidity after nearly three hours of tension, released a...
Solana (SOL) based synthetic stablecoin Solstice USX (USX) temporarily depegged on Christmas Day 2025. The small-cap stablecoin with a fully diluted valuation of about $283 million dropped to as low as $0.1, a temporary crash that ended almost...
Solana-based stablecoin USX briefly lost its dollar peg due to a secondary market liquidity drain, dropping as low as $0.10.
The post Solana’s USX Depeg Sparks Fresh Stablecoin Liquidity Fears appeared first on Coinspeaker.
Raydium handles $18.588B every month and $2.239B TVL. Collaboration with Solstice Finance adds liquidity via USX and eUSX on Solana at reduced cost in seconds.
Solana trades near $206 as USX stablecoin launches with $160M TVL. Institutional investors are increasingly backing Solana and DeFi protocols. YieldVault offers 21.5% returns for USX holders, boosting confidence. Remittix (RTX) is gaining attention...
Solstice Finance, an on-chain asset management protocol backed by $1 billion investment firm Deus X Capital, has officially launched USX, its Solana-native stablecoin, alongside the YieldVault Program. The launch marks a significant step for the...
