BREAKING: Stablecoin That Lost Its $1 Peg During the Big Crash Issues Statement

Following shockwaves in the cryptocurrency market, the USDE token in the Ethena ecosystem lost its $1 ￰0￱ DEPEG incident occurred shortly after Donald Trump announced he would impose 100% tariffs on ￰1￱ stated that USDE is experiencing volatility in the secondary market due to sudden market fluctuations and widespread ￰2￱ protocol asserted that its minting and redemption functions are functioning smoothly and that USDE remains ￰3￱ News: BREAKING: Is Donald Trump Signaling a Step Back on Tariffs? He Speaks Again The statement noted that futures contracts were trading below spot prices due to liquidations, leading to unexpected impacts on USDE's realized ￰4￱ stated that it would benefit the protocol by realizing these ￰5￱ a result, the events reportedly left USDE more collateralized than the previous ￰6￱ protocol stated that it will share updates as developments unfold. *This is not investment ￰7￱ Reading: BREAKING: Stablecoin That Lost Its $1 Peg During the Big Crash Issues Statement