April 29, 2024

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Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

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Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin
Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE StablecoinFollowing criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk tracker by intotheblock.com that monitors aspects like the token’s adherence to its U.S. dollar peg. Intotheblock.com’s Ethena Risk Radar Dashboard At the time of reporting, Ethena’s recently launched USDE stablecoin boasts […]