October 12, 2025

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Explanations of USDe ‘depeg’ on Binance focus on coordinated attack, oracles

1 min read
<div>Explanations of USDe 'depeg' on Binance focus on coordinated attack, oracles</div>

<div>Explanations of USDe 'depeg' on Binance focus on coordinated attack, oracles</div>

Ethena founder Guy Young said the USDe depegging event on Binance that sent the token to $0.65 was an isolated issue not tied to fundamentals.