Solstice: The de-anchoring of USX on the Solana chain is a secondary market liquidity issue; the underlying net asset value and custodial assets are unaffected.

Solstice stated on the X platform that the USX de-pegging on the Solana chain was due to a secondary market liquidity issue. The team and market makers are immediately working to resolve the problem and inject liquidity into the secondary market to ensure market stability. The net asset value of the underlying USX assets and the assets held in custody by Solstice are completely unaffected, and the collateralization ratio exceeds 100%. A supplementary certification report has been requested from a third party, and the team will release it immediately upon completion. It is understood that the stablecoin USX on the Solana chain experienced a brief de-pegging, with its price falling to $0.1 in the secondary market. Subsequently, after Solstice injected liquidity, the USX price recovered to $0.94.