Ethena’s Yield Stablecoin Loses Dollar Peg Amid Historic Crypto Liquidations

Title: Ethena’s Yield Stablecoin Loses Dollar Peg Amid Historic Crypto Liquidations Summary (100 words)Ethena’s yield-bearing stablecoin temporarily lost its dollar peg during unprecedented cryptocurrency market liquidations, highlighting the fragility of algorithmic and yield-driven stablecoins under extreme stress. The de-pegging event, though short-lived, triggered heightened investor concern and forced rapid adjustments in trading and liquidity management.… Continue reading Ethena’s Yield Stablecoin Loses Dollar Peg Amid Historic Crypto Liquidations

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