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apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral

By thedefiant.io · · 1 min read
apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral

Apyx Finance's apxUSD stablecoin slipped to $0.94 after Bitcoin fell to $63K, the first concrete peg break in the chain linking Strategy's BTC treasury to on-chain dollar instruments.

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