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Ethena Labs confirms that the USDe over-collateralization still reaches 66 million USD.
According to HashiChain News, Ethena Labs announced that a third-party institution has confirmed that USDe currently has approximately $66 million in over-collateralization. In response to community requests, Ethena has provided an unconventional reserve statement. Previous reports indicated that USDe had experienced severe decoupling, but its minting and redemption are now operating normally.
#Cryptocurrency #Blockchain #EthenaLabs CryptoCollateral #FinanceNews