Situation Similar to FTX Likely for Ethena's USDe, CryptoQuant Data Suggests
Ethena Labs must bolster its reserve fund to safeguard against potential financial pressures in volatile market conditions.
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Ethena Labs must bolster its reserve fund to safeguard against potential financial pressures in volatile market conditions.
Ethena, USDe economic model and potential risk analysis Golden Finance, fully collateralized semi-centralized stablecoin
Ethena Labs' USDe stablecoin faces scrutiny amid comparisons to Terra's troubled history, prompting reflection on risk management strategies.
If we believe that [decentralization] requires satisfying both [permission-free issuance] and [de-custody] conditions, then USDe does not meet the requirements, so it is appropriate to classify it as a [fully collateralized semi-centralized stablecoin].
The collaboration between Artemis and Injective brings promising implications for the crypto community, providing users with enhanced analytics and empowering them to navigate the evolving landscape.
DeFi researcher Thor Hartvigsen questions Injective Protocol's high valuation, contrasting its modest on-chain metrics with competitors, despite its impressive market performance.
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.
Binance discontinues BUSD support, prompting users to take immediate action. This strategic move aligns with the exchange's commitment to adaptability in the dynamic crypto landscape.
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated.