DeFiBearishCoinDesk · 3h ago6/10
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Apyx's STRC collateralized stablecoin suffers a brief depeg. Protocol says its a feature, not bug
Apyx's apxUSD stablecoin experienced a brief depeg to 93 cents on Wednesday, falling 7% below its $1 peg. The protocol characterized the incident as an intentional feature of its design rather than a failure, raising questions about how collateralized stablecoins manage price stability during market stress.
