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USDE Depegging Situation Mitigated, Currently Pegged at $0.94

2025-10-11 05:53

BlockBeats News, October 11th, according to HTX market data, the stablecoin USDE has seen an improvement in its peg situation, currently trading at $0.94.

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Binance has released the "<i>Announcement on USDE, BNSOL, and WBETH Off-peg Incident Handling and Risk Control Optimization</i>".

Suspected Bitmine affiliated addresses today accumulated a total of 78,824 ETH, worth $302.12 million

Insight: USDe is a financial instrument rather than a stablecoin, and its marketing narrative's dissonance is intended to target use cases.

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