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USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

Post author:MiamiCrypto
Post published:September 3, 2024
Post category:Altcoins ethena Ethena USDE fdusd FDUSD volume First Digital Market Cap Stablecoin Stablecoins usde yield

Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s…

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

Post author:MiamiCrypto
Post published:April 14, 2024
Post category:Altcoins Crypto Cryptocurrency depeg depegging incident ethena fdusd First Digital Stablecoins usde

The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror…