[PeckShield: apxUSD Depegs to $0.94 as Bitcoin Decline Reduces Collateral Value] BlockBeats News, June 4, according to monitoring by PeckShield, the stablecoin apxUSD (backed by STRC) launched by Apyx Finance dropped to approximately $0.94, a single-day decline of 4.6%. As Bitcoin (BTC) fell to around $63,000, the value of its collateral shrank, causing the stablecoin to deviate from its peg. [Original Link]