Apyx Finance's Stablecoin apxUSD Falls 4.6% Below Peg
2026-06-04 01:23:36
Apyx Finance's stablecoin, apxUSD, has experienced a 4.6% decline, dropping to $0.94, according to PeckShield's monitoring. According to Foresight News, this de-pegging occurred as Bitcoin's value fell to approximately $63,000, reducing the collateral value and causing the stablecoin to deviate from its peg.
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