USDX Stablecoin Depeg: Causes, Contagion Risks, and Lessons for DeFi Users
On November 7,2025, the DeFi community woke up to a jarring reality: USDX , the flagship stablecoin from Stables Labs, was trading at just $0.745878 instead of its intended $1 peg. This sharp deviation is not just a technical hiccup - it's...
