Strategy’s STRC backed apxUSD slips below peg during Bitcoin selloff

- Strategy’s apxUSD just proved that “non-fiat-backed” is corporate speak for “please don’t look at the collateral.” During the latest Bitcoin selloff, this STRC-backed stablecoin slipped below its peg, reminding everyone that algorithmic confidence doesn’t pay bills. While moonboys pray for green candles, Vira Manti is probably wondering why we cover anything other than AI-generated rugs. This isn’t a bug; it’s a feature of trusting unregulated pegs in a volatile market. If you’re holding non-fiat stablecoins, you’re not an investor; you’re a volunteer liquidity provider for someone else’s bad idea. Stick to BTC or get rekt.