Ethena is the yield-generating protocol that markets the $5.4 billion token as a ‘synthetic dollar’ with its price anchored at $1.

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Ethena is the yield-generating protocol that markets the $5.4 billion token as a ‘synthetic dollar’ with its price anchored at $1.

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German Regulator Identifies 'Deficiencies' in Ethena's USDe, Orders Immediate Issuance Halt

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Ethena is a protocol that issues synthetic dollar tokens like USDe and sUSDe, using crypto-backed strategies for yield generation.

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