Where finance and media interesect with reality.

Analysis: The great Ethena de-pegging (or not?)

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Friday’s de-pegging of Ethena’s USDe rocked crypto markets and came as if out of the blue. With more than 72 hours to gather intel and reflect on what went on, here’s our post-mortem of the bloodbath that day — and what it augurs for DeFi resilience and delta-neutral strategy stablecoins more broadly. You can listen […]


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