'Market cap $200 million' scale stablecoin depegging occurs

Source
Uk Jin

Summary

  • Reported that severe depegging occurred in Stake Stream USD(XUSD).
  • It said XUSD was trading at $0.9204, down 27.2% from the previous day.
  • It said XUSD's market capitalization is $190 million.

On the 4th (Korea time), according to PeckShield, severe depegging (the stablecoin's value moving away from 1 dollar) is occurring in Stake Stream USD (XUSD).

As of 11:43 AM that day, according to CoinGecko, XUSD is trading at $0.9204, down 27.2% from the previous day.

XUSD's market capitalization is $190 million.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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