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News for tag: "synthetic dollar"
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Ethena\'s USDe Maintains Dollar Peg Despite Binance Price Plunge - Stablecoin Analysis
13.10.2025 11:48
During Friday\'s market turbulence, Ethena\'s synthetic dollar USDe experienced a temporary price drop to 65 cents on Binance while maintaining its 1:1 USD peg through cash-and-carry arbitrage. This d...
Bullish
MEXC Ventures Boosts Ethena Investment to $66M in Major Crypto Funding Round
01.10.2025 06:48
MEXC Ventures has significantly increased its investment in the Ethena ecosystem, bringing total exposure to $66 million according to an official press release. The strategic move includes a $14 milli...
Bullish
CZ\'s Family Office Boosts Ethena Labs Investment as USDe Stablecoin Surpasses $13 Billion Market Cap
21.09.2025 16:18
YZi Labs, the investment firm established by Binance co-founder Changpeng \"CZ\" Zhao and Yi He, has significantly increased its stake in Ethena Labs, the developer behind the USDe stablecoin. USDe ha...