RWA The stablecoin apxUSD has depegged from its $1 target, falling below $0.8 with a 24-hour decline of 8.9%. This significant depegging event raises concerns about the stability and risk management of algorithmic stablecoins in the crypto market.
The stablecoin apxUSD has depegged from its $1 target, falling below $0.8 with a 24-hour decline of 8.9%. This significant depegging event raises concerns about the stability and risk management of algorithmic stablecoins in the crypto market.