Tag: Synthetic
Ethena USDe Tops $2.3B Market Cap But Risks Identified
The latest newly launched stablecoin is seeing impressive growth this year but risks with Ethena’s USDe asset are being identified.
Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe
Ethena Labs aims to strengthen USDe’s backing, ultimately providing a safer product for its users leveraging BTC’s expanding open interest.