USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

The fifth-largest stablecoin within the crypto financial system by market capitalization, Ethena’s USDE, quickly indifferent from its peg on Saturday amid market declines. Information reveals that the token, designed to reflect the U.S. greenback’s worth, declined to $0.965 every. Equally, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]



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