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

Posted On October 12, 2025

Explanations of USDe 'depeg' on Binance focus on coordinated attack, oracles

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.

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