Apyx's apxUSD stablecoin briefly hit $0.93 amid a Bitcoin selloff. The dividend-backed protocol says the depeg reflects its unique STRC collateral model.

Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.

Apyx's apxUSD stablecoin briefly hit $0.93 amid a Bitcoin selloff. The dividend-backed protocol says the depeg reflects its unique STRC collateral model.