USDe/USDT on Binance briefly dropped to 0.92 and recovered to near-peg levels of $0.9996

Ethena’s USDe briefly lost its dollar peg on Binance on September 22, with the USDE/USDT pair falling as low as 0.9202 USDT. The move proved short-lived. Binance spot data show USDe recovered toward $0.99 within minutes and later returned close to its normal $1 trading level. Wu Blockchain first flagged the move, reporting that USDe […] Read The Full Article USDe/USDT on Binance briefly dropped to 0.92 and recovered to near-peg levels of $0.999…