Browsing: USDX

Yala’s stablecoin YU is facing a troubling scenario akin to that of USDX, involving an address that borrowed $#USDC at a notably high interest rate without repayment. This situation raises concerns about the financial practices…

Stables Labs has announced the launch of its USDX Redemption Plan and has opened the registration window for participants. This initiative is designed to facilitate the redemption of USDX tokens, providing an opportunity for holders…

USDX has consistently remained off its peg, experiencing a brief decline below $0.1 before currently trading at $0.21. The fluctuations in USDX indicate ongoing volatility in its market performance. Investors and traders are closely monitoring…

whale purchases USDX A whale recently purchased $621,000 worth of USDX but currently has only $163,000 remaining. This significant reduction in holdings has raised interest in the whale’s trading strategy. The initial investment of $621,000…

USDX is currently valued at $0.74, continuing its trend of being under-pegged. This status indicates that USDX is not aligned with its expected value. The under-pegged condition suggests potential implications for its stability and market…

USDX has unpegged to $0.3887, with a large investor, referred to as a whale, spending 800,000 $USDT in an attempt to buy the dip. However, this effort has not yet resulted in a successful redemption…