Lies, Deception, Incentives: USD0++ Decoupling
Usual’s USD0++ is currently trading for less than a dollar, however this was said to have been part of the plan all along.

Usual’s USD0++ is currently trading for less than a dollar, however this was said to have been part of the plan all along.
This article will explore stablecoins in depth, including their definition, classification, and the important role of stablecoins in the digital currency field.
Ethena Labs' USDe stablecoin hits $3B supply in record time, challenging DAI with unique mechanics and rapid adoption.
What kind of stablecoin project is USDe? How did it break through the siege in such a short time? What controversies are hidden behind it? At the same time, what new variables are contained in the recent stablecoin track?
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].
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.