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Ethena's USDe Briefly Loses Peg During $19B Crypto Liquidation Cascade - CoinFeed
Time 18:18

Ethena's USDe Briefly Loses Peg During $19B Crypto Liquidation Cascade

October 11, 2025
CoinFeed News

USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized.

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