Feb 22, 03:28 PM

Ethena Labs' USDe Hits $400m, Raises Capital Loss Concerns Amid Rapid Market Interest

Ethena Labs' USDe, a structured product, raises concerns about potential capital loss. Despite rapid market interest, there is still 25m capacity available for purchasing USDe. The USDe supply has surged to $400m in just 2 days, prompting questions about its stability and labeling as a stablecoin.

#Ethena Labs

Written with ChatGPT (GPT-3).

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DAdvisoor@DAdvisoor
2 years ago
Serious question - if you don't want people to think it's a stablecoin, why put USD in the name? @ethena_labs $USDe https://t.co/WdVhQpPJoH
Seraphim.hl@MacroMate8
2 years ago
USDe by @ethena_labs is on @CoinMarketCap now, yay https://t.co/yn0iOmPj2d
hildobby@hildobby
2 years ago
Ethena's USDe supply hits $400m after growing 66% in 2 days src: https://t.co/U7lTEcYXGN https://t.co/RmNdqTwdzF

Ethena Labs' USDe Hits $400m, Raises Capital Loss Concerns Amid Rapid Market Interest

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