The protocol’s USDe token, often referred to as “synthetic dollar” instead of a stablecoin, is …
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Ethena
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BitcoinCryptocurrencyNews
USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns
by adminEthena Labs, the firm behind the USDe stablecoin, currently offers an annual yield of 17.2%, …
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CryptocurrencyICONews
Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise
by adminUnlike asset-backed stablecoins like tether (USDT) and USDC, whose value is secured against dollars or …
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The stablecoin earns yield by shorting ether futures and capturing funding rates – which have …