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German Regulator BaFin Identifies ‘Deficiencies’ in Ethena’s USDe Stablecoin, Orders Immediate Issuance Halt

The German monetary supervisory authority BaFin mentioned it recognized "critical deficiencies" in Ethena's USDe token, which the corporate calls an artificial greenback, and...

Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise

In contrast to asset-backed stablecoins like tether (USDT) and USDC, whose worth is secured towards {dollars} or dollar-equivalents similar to U.S. authorities debt,...

Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

The stablecoin earns yield by shorting ether futures and capturing funding charges - which have surged up to now two weeks.

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