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The post Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg appeared on BitcoinEthereumNews.com. 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 like rookies at a balancing act. Stablecoin Watch: […] Source: https://news.bitcoin.com/stablecoin-shake-up-1-9b-drop-hits-market-as-xusd-and-usdx-break-peg/The post Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg appeared on BitcoinEthereumNews.com. 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 like rookies at a balancing act. Stablecoin Watch: […] Source: https://news.bitcoin.com/stablecoin-shake-up-1-9b-drop-hits-market-as-xusd-and-usdx-break-peg/

Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg

By: BitcoinEthereumNews

2025/11/08 23:52

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 like rookies at a balancing act. Stablecoin Watch: […]

Source: https://news.bitcoin.com/stablecoin-shake-up-1-9b-drop-hits-market-as-xusd-and-usdx-break-peg/

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