Yesterday, it was mentioned that Solstice's public offering on Legion was undersubscribed. Today, its stablecoin $USX has de-pegged in the secondary market due to liquidity being pulled. The official has injected liquidity into the secondary market. Currently, the $USX price has recovered to $0.9989. Although the official clearly stated that 1:1 redemption is possible, this rule only applies to the primary market. Ordinary users can only trade in the secondary market.
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Yesterday, it was mentioned that Solstice's public offering on Legion was undersubscribed. Today, its stablecoin $USX has de-pegged in the secondary market due to liquidity being pulled. The official has injected liquidity into the secondary market. Currently, the $USX price has recovered to $0.9989. Although the official clearly stated that 1:1 redemption is possible, this rule only applies to the primary market. Ordinary users can only trade in the secondary market.