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apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral - "The Defiant"
Apyx Finance's apxUSD broke its $1 peg to $0.94 as Bitcoin fell to $63K, exposing collateral pressure in the STRC-backed stablecoin chain.
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coindesk.com
Apyx's stablecoin suffers a brief depeg. Protocol says its a feature, not bug
Apyx’s apxUSD stablecoin briefly slipped to 93 cents Wednesday.
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cryptobriefing.com
Strategy’s STRC backed apxUSD slips below peg during Bitcoin selloff
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.
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thedefiant.io
apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral - "The Defiant"
Apyx Finance's apxUSD broke its $1 peg to $0.94 as Bitcoin fell to $63K, exposing collateral pressure in the STRC-backed stablecoin chain.
- ·
Apyx Finance's apxUSD stablecoin slips to 90 cents amid STRC drop
Apyx Finance's apxUSD stablecoin dropped to $0.90 as STRC preferred share collateral declined amid Bitcoin falling below $63K. Here's what happened.