en.bitcoinsistemi.com
According to a breaking development, the stablecoin USDE on Binance has lost its price peg of one dollar and is trading around $0.80 at the time of writing.
USDE, a major stablecoin with a market capitalization of $14 billion, forms the cornerstone of the Ethena ecosystem.
Following the release of this news, USDE has partially recovered its value to close to $1 and is trading at $0.94.
*This is not investment advice.