'Market cap $200 million' scale stablecoin depegging occurs

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.

Uk Jin

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

'Market cap $200 million' scale stablecoin depegging occurs

PiCK News

Polymarket odds of 'US troops entering Iran in April' hit 96%…up 35 points from prior day

"Bitcoin Outperformed Gold and Stocks Amid Global Shocks"

Trump: “48 hours left… If Hormuz isn’t opened, they’ll face ‘hell’”

"Bitcoin flashing signs of weakening demand"…five reasons

[Analysis] "Bitcoin whales average $300 million in daily losses in Q1…similar to the run-up to past bear markets"

Trending News