Will Ethena crash like UST? I don’t think so
Ethena's USDe will not collapse, but Ethena will produce marginal effects as the market size increases, and it is very likely that USDe's revenue will be infinitely close to zero.
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Ethena's USDe will not collapse, but Ethena will produce marginal effects as the market size increases, and it is very likely that USDe's revenue will be infinitely close to zero.
Ethena Labs must bolster its reserve fund to safeguard against potential financial pressures in volatile market conditions.
Ethena Labs' USDe stablecoin faces scrutiny amid comparisons to Terra's troubled history, prompting reflection on risk management strategies.
Ethena was launched on Binance on April 2 and performed well, attracting widespread attention in the cryptocurrency market. Among them, Arthur Hayes, an early investor, cheered for it on social media, further highlighting its potential influence in the market.
Bybit has forged a strategic alliance with Ethena Labs, bringing forth Ethena's USDe stablecoin to the Bybit platform. USDe, a decentralised monetary solution, operates independently from traditional banking systems. It leverages delta-hedging staked Ether (ETH) for comprehensive collateral backing.
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