Ethena’s synthetic stablecoin USDe has seen its market cap cut almost in half since the Oct. 10 crash, as investors retreat from leveraged and synthetic collateral models.

How Wall Street is using Ethereum without talking about Ethereum

December 23, 2025

Ethereum

How Wall Street is using Ethereum without talking about Ethereum

December 23, 2025

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Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

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Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’

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