Solana-based Synthetic Stablecoin USX Depegs; Is It a UST 2.0?

Solana (SOL) based synthetic stablecoin Solstice USX (USX) temporarily depegged on Christmas Day 2025. The small-cap stablecoin with a fully diluted valuation of about $283 million dropped to as low as $0.1, a temporary crash that ended almost immediately after the Solstice team stepped in to intervene. Solstice USX Attack: A Headwind for Solana DeFi […] Read The Full Article Solana-based Synthetic Stablecoin USX Depegs; Is It a UST 2.0? On Coin Edition.