Browsing: Depeg
USX, a Solana-based stablecoin pegged to the US dollar, briefly dipped below its peg on decentralized exchanges early Friday due…
The USDe synthetic dollar depegged on the Binance crypto exchange due to an internal oracle issue, not because of the…
As $1 billion in redemptions flowed through the market, Ethena Labs maintains that its synthetic dollar, USDe, functioned as intended,…
According to Guy Young, founder of Ethena Labs, the USDe synthetic dollar’s depegging on the Binance crypto exchange was due…