[Solstice: USX is not an algorithmic stablecoin, eUSX and YieldVault unaffected] Odaily Planet Daily reports that Solstice has released an update on the USX depegging incident on the Solana chain via the X platform. The update states that USX is recovering after experiencing fluctuations, with liquidity injected and collateral sufficient and intact. USX is neither an algorithmic stablecoin nor a rebasing token. Previously, selling pressure from Orca and Raydium exceeded available liquidity, leading to a drop in secondary market prices. Solstice will continue to add liquidity as needed to ensure stability in the secondary market. eUSX and YieldVault remain unaffected. Assets under Solstice's custody are unaffected, with a collateralization ratio exceeding 100%. A third party has been requested to issue a certification report immediately for further verification.