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* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up – CoinsMegaNews

Altcoin News

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

1 year ago CryptoExpert

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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 the U.S. dollar’s value, declined to $0.965 each. Similarly, the market witnessed the fourth largest stablecoin, FDUSD, fall to a low of $0.9557 per coin. […]

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