$BTC Ethena Targets 120 Trillion Equity Market as Crypto Basis Yields Collapse
Ethena's USDe stablecoin shrank by more than half when crypto perpetual funding rates collapsed. On Aug. 28, the protocol said it would stop waiting for those rates to recover.
Ethena's USDe stablecoin shrank by more than half when crypto perpetual funding rates collapsed.
On Aug.
Ethena's USDe stablecoin shrank by more than half when crypto perpetual funding rates collapsed. On Aug. 28, the protocol said it would stop waiting for those rates to recover.
Watch $BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoMarkets #CryptoNews
Ethena's USDe stablecoin shrank by more than half when crypto perpetual funding rates collapsed. On Aug. 28, the protocol said it would stop waiting for those rates to recover.
Ethena's USDe stablecoin shrank by more than half when crypto perpetual funding rates collapsed.
On Aug.
Ethena's USDe stablecoin shrank by more than half when crypto perpetual funding rates collapsed. On Aug. 28, the protocol said it would stop waiting for those rates to recover.
Watch $BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoMarkets #CryptoNews