EconomyNasdaq-listed crypto treasury shifts millions in defaulted SPAC debt onto future equity

Nasdaq-listed StablecoinX is restructuring $6.879 million in defaulted former-SPAC notes with about $344,000 in cash and warrants representing roughly 7.62 million potential Class A shares. The arrangement moves about $6.535 million of near-term repayment pressure away from cash and into future equity, with dilution occurring only if the warrants are exercised.

StablecoinXdebt restructuringSPACcryptocurrency

CCryptoSlate★★☆☆☆2026-08-25 18:35Original