Search: "USDX depegging"
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Stablecoin Depegging Events in 2025: What DeFi Users Need to Know About FDUSD, USDe, xUSD, deUSD, and USDX
The decentralized finance (DeFi) sector has always promised innovation and autonomy, but 2025 tested its resilience like never before. In a span of months, five major stablecoins provides First Digital USD (FDUSD), Ethena USDe (USDe),...
USDX, deUSD, and the 2025 Stablecoin Depeg Cascade: What Went Wrong and How to Protect Your DeFi Portfolio
In November 2025, the DeFi sector faced its most acute stablecoin crisis to date: the simultaneous depegging of USDX and deUSD. These events did not occur in isolation. Instead, they formed a rapid-fire cascade that exposed structural...