One question I always ask when looking at a stablecoin is this. How does it stay at $1 when the market starts falling? It’s easy to hold a peg when everything is going up. The real test comes when prices drop and people start panicking. That is one thing I like about fxUSD. Its stability doesn’t depend on people simply believing it will stay at $1. The protocol is built with mechanisms that help protect the peg, even when the market becomes volatile. Users can also mint and redeem fxUSD, which helps bring the price back toward $1 whenever it drifts. That doesn’t mean it’s risk free. No stablecoin is. But staying close to its peg through different market conditions shows that the system is designed to handle stress, not just good days. For me, that is far more important than simply calling it a stablecoin.