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USDe Drops 24% in November As Fiat-Backed Stablecoins Gain Ground

Ethena’s synthetic-dollar stablecoin USDe saw one of its sharpest monthly contractions yet, while fiat-backed stablecoins including USDT, USDC and PYUSD attracted...

Ethena Founder Says USDe Depeg Due to Binance Oracle Issue

The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or...

Ethena Founder Says USDe Depeg Due to Binance Oracle Issue

The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue and not because of the underlying collateral, the Ethena protocol, or...