Stablecoin apxUSD has depegged and dropped 4.6% to $0.94 due to a decrease in collateral value
According to monitoring by Paidun, the stablecoin apxUSD, supported by preferred shares such as STRC, has fallen to about $0.94, a decrease of 4.6%. As Bitcoin drops to around $63,000, the decrease in collateral value has caused the stablecoin to depeg.
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