The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure EigenLayer’s forum is debating ELIP-018, a draft proposal that introduces a framework called RETIRE, short...
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