USDX, a stablecoin, experienced significant volatility on November 7, 2025, as it sharply de-anchored from its peg, plummeting to $0.314. The drop occurred in the early hours, causing concern among traders and investors. However, the stablecoin managed to recover to $0.74 later in the day, though it remains unanchored from its intended value. The instability in USDX's value highlights ongoing challenges in maintaining stablecoin pegs, which are crucial for their role in the cryptocurrency ecosystem. The market will be closely monitoring USDX's performance to assess its ability to regain and maintain its peg.