Home / Business / Third-Largest Stablecoin Briefly Loses Dollar Peg in Crypto Rout

Third-Largest Stablecoin Briefly Loses Dollar Peg in Crypto Rout

Crypto project Ethena’s yield-bearing stablecoin briefly lost its dollar peg during a market rout that triggered record liquidations.

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Source: Bloomberg | Published: 2025-10-11T09:15:49Z

Credit: Bloomberg

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