USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized.
Ethena's USDe Briefly Loses Peg During $19B Crypto Liquidation Cascade
Coin Desk - 11 Oct 2025 18:18
USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized.
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