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Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg
8.11.2025
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make matters spicier, two stablecoins also lost their dollar composure, wobbling off their $1 targets...
USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37
7.11.2025
On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than $100 million vanishing into the ether. USDX Springs a Leak After the Stream...
2025’s Stablecoin Shifts: Massive Outflows for Tether, Big Gains for USD0 and USDX
8.1.2025
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025. Nearly $4 Billion Vanishes as Tether and Ethena Decline in Early 2025 Among the top ten stablecoins, tether (USDT) and ethena...
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation, and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
USDX built to support DeFi ecosystem growth: Hex Trust CEO
23.12.2024
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation and crosschain capabilities
Can treasury-linked stablecoins bring stability to DeFi?
19.11.2024
Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility
Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield
21.5.2024
On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...
Reed DeFi Partners with Kava Labs to Integrate USDX
23.11.2020
Cross-chain DeFi operating system, Reed DeFi announced on Monday that it is partnering with Cosmos based multi-chain DeFi network, Kava Labs. As per a Twitter thread, Reef DeFi will integrate USDX stablecoin and HARD Protocol, built on the Kava Blockchain, providing collateralized loans and other...
Reef DeFi Partners with Kava Labs to Integrate USDX
23.11.2020
Cross-chain DeFi operating system, Reef DeFi announced on Monday that it is partnering with Cosmos based multi-chain DeFi network, Kava Labs. As per a Twitter thread, Reef DeFi will integrate USDX stablecoin and HARD Protocol, built on the Kava Blockchain, providing collateralized loans and other...
New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets
18.9.2020
Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin and other non-Ethereum assets
dForce Launches its First Monetary Protocol—USDx
4.11.2019
USDx is a monetary protocol launched by dForce. It is the first monetary protocol, which is decentralized and is a synthetic indexed stablecoin. It is backed by several stablecoins at pre-determined weights, which are adjustable through on-chain governance. Initially, the USDx protocol reserve...