๐ฅย BREAKING: Ethenaโs USDe Loses $8.3B Since October Crashย ๐ฅ
Investor confidence in synthetic stablecoins like USDe hasย crashedย after the Oct 10 liquidation event. Market cap dropped 56% amid broader crypto deleveraging (which erased $1.3T in value). USDe briefly fell to $0.65 but now trades at $0.9987.
