Browsing: Ethenas
German Regulator BaFin Identifies ‘Deficiencies’ in Ethena’s USDe Stablecoin, Orders Immediate Issuance Halt
By CryptooTimes
The German financial supervisory authority BaFin said it identified “serious deficiencies” in Ethena’s USDe token, which the company calls a…
Global asset manager BlackRock’s BUIDL token, issued in partnership Securitize and backed by U.S. Treasuries, crossed the $1 billion milestone…
USDe is a synthetic dollar stablecoin that has nearly $5.9 billion in circulation.
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks.
The alternative stablecoin market is evolving, and projects like Ethena are leading the way, with a total value locked of…