apxUSD Loses Dollar Peg as Bitcoin Slide Squeezes STRC-Backed Collateral
Apyx's apxUSD, a dividend-backed stablecoin collateralized largely by the preferred shares of bitcoin-treasury companies, broke its $1 peg this week, falling to about 92 cents as Strategy's STRC preferred stock dropped b...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Bitcoin is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The DefiantRelated market context
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