USDe Stablecoin Market Value Declines by 45% from Peak

According to BlockBeats, data from DefiLlama indicates that the market capitalization of the stablecoin USDe, issued by Ethena Labs, has decreased to $8. 95 billion. This marks a significant drop of approximately 45% from its peak of $16 billion at the beginning of October. The USDe stablecoin experienced a severe de-pegging from the U source: https://www.binance.com/en/square/post/32043533428505?utm_source=BinanceNewsRSS