Stables Labs: USDX recovery arrangements have been initiated, and the application registration window is now open.

Stables Labs stated on the X platform that the market price of USDX has deviated from its reference value due to market liquidity conditions and liquidation dynamics. The team has initiated a recovery arrangement designed to provide affected holders with a recovery path referenced to $1, depending on resource availability. This arrangement is voluntary and does not constitute a guarantee or redemption obligation. Affected holders' balances will be identified through on-chain snapshots, and a claims registration window is open. Recovery will be phased, depending on resource allocation, liquidity conditions, and cooperation arrangements; progress will be publicly disclosed.