USDe’s brief depeg reveals potential ripple effects across crypto markets, pushing for a reevaluation of its classification.
Ethena’s synthetic dollar, USDe, shed over $2 billion in market capitalization after briefly losing its dollar peg on Binance. The flash event exposed structural risks in crypto’s stablecoin plumbing.
According to CryptoSlate data, USDe’s market valu… [3503 chars]
Source: CryptoSlate | Published: 2025-10-14T08:43:16Z
Credit: CryptoSlate
