Tag: delta-neutral stablecoin

What is Stables Labs USDX (USDX) Crypto Coin? A Clear Breakdown of the Synthetic Stablecoin

Stables Labs USDX is a synthetic stablecoin that uses Bitcoin and delta-neutral hedging to stay pegged to $1 - no bank reserves needed. But confusion over its transition from USDX.Money and low liquidity make it risky for most users.