How Stablecoin Depegs Cascade Through DeFi Protocols: Recent USDX, xUSD, and deUSD Failures Explained
The first week of November 2025 delivered a shockwave to the decentralized finance (DeFi) sector, as several major stablecoins - xUSD, deUSD, and USDX - lost their dollar pegs in rapid succession. These failures were not isolated...
