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Solstice Finance Responds as USX Recovers Toward Dollar Peg
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Following USX’s sudden dip on Solana DEXs, issuer Solstice Finance said the stablecoin’s reserves remain fully overcollateralized and unaffected by the volatility. The firm confirmed that 1:1 redemptions remain available for institutional partners through permissioned access.
Solstice added that the episode did not impact eUSX positions or its YieldVault products, and that all trades executed during the volatility window are final. Buyers who acquired USX at discounted prices will not be required to return funds.
The company also requested a third-party attestation of its reserves and said it is working to deepen secondary-market liquidity to prevent similar events.
