Executive Summary
apxUSD is back at peg after a 372 bps trough on $309.70M of supply, and its Safety Score is still F (31). USDC's $1.17B weekly contraction exceeds the whole market's $418M decline.
apxUSD closed a 159-hour depeg on $309.70M of supply, the only resolution recorded in the past 24 hours. The token had traded as far as 372 bps below $1 and was still 100 bps off at the previous edition. Its Safety Score remains F (31), with exit at 64.9 and backing at 44.3. No grade movement was logged in the last 48 hours.
pmUSD narrowed to 3,735 bps below peg at $0.626, from 4,060 bps, while USDA (Avalon) holds a stored 3,098 bps on $145.56M with no live price and no material change. USDC's weekly contraction reached $1.17B, leaving it at $73.01B. Total stablecoin market cap fell $418.28M over the same week to $322.31B, so the rest of the tracked set added roughly $750M.
Mint and burn flows ran in both directions. USDe posted net burns of $25.14M and AUSD $9.05M, against $9.87M of net EURC minting, and the Bank Run Gauge read -7.2, up from -19.4 on 10-09. PSI returned to BEDROCK at 91.3 after a day in STEADY. A Gauge reading of -15 or lower would put outflow stress back at the top of the candidate list.