The stablecoin XUSD has significantly deviated from its peg, experiencing a notable decrease of 22.6% within a 24-hour period. This sharp decline raises concerns about its stability and the underlying factors contributing to this shift. The deviation from the peg indicates potential volatility that could affect investor confidence and market dynamics. Stablecoins are generally expected to maintain a consistent value, making this instance particularly noteworthy. Analysts and market participants will closely monitor XUSD for any further fluctuations or signs of recovery in order to assess its future viability.
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