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Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg

by wireopedia memeber
November 8, 2025
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
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Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg
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Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break PegThe stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make matters spicier, two stablecoins also lost their dollar composure, wobbling off their $1 targets like rookies at a balancing act. Stablecoin Watch: […]

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