USDe Drops 24% in November As Fiat-Backed Stablecoins Gain Ground
Ethena’s synthetic-dollar stablecoin USDe noticed one in every of its sharpest month-to-month contractions but, whereas fiat-backed stablecoins together with USDT, ...
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Ethena Coin (USDe) and Ondo (USDY) Dominate Yield-Bearing Stablecoins as Construct Koin (CTK) Presale Adds RWA Yield Into the Mix
October’s been a combined month for crypto, characterised by heavy swings in each instructions that look poised to go away ...
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Exclusively obtained orderbook data reveals details about USDE crash
The current crash on Oct. 10 was the largest liquidation occasion within the crypto market’s historical past. Greater than $19 ...
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Ethena Founder Says USDe Depeg Due to Binance Oracle Issue
The USDe artificial greenback depegged on the Binance crypto trade due to an inside oracle challenge and never due to ...
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During the cryptocurrency market crash, USDe, the world’s third-largest stablecoin, briefly depegged from the US dollar.
Analysts consider that even a short depegging of stablecoins may shock the market. Merchants depend on them for liquidity, lending, ...
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