The founder of Ethena has expressed that tying USDe to $USDT is a reasonable approach. This strategy is seen as a way to provide stability and confidence in the cryptocurrency market. During recent periods of market turbulence, it was noted that the functions for minting and redeeming USDe remained operational. This consistency is significant, as it demonstrates the resilience of the platform in challenging market conditions. The ability to maintain these functions without interruption is crucial for users who rely on the stability of their transactions. Overall, the founder’s insights highlight the importance of maintaining operational integrity in the face of market volatility.
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Ethena Founder Discusses USDe and Market Stability Amid Turbulence
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