Ethena's USDe Remains Stably Pegged Despite Binance Incident
The cryptocurrency community witnessed some turmoil as rumors spread about Ethena's USDe de-pegging on Binance, but other major platforms maintained stability.
On Oct 13, 2025, the supposed de-pegging of Ethena's USDe on Binance caused a stir among investors and traders. However, it was quickly clarified that the incident was isolated to Binance, with minimal impact on more stable platforms like Curve.
While deviations were noted on Binance, Ethena's USDe remained firmly pegged on other major liquid avenues. This reassured the market participants who rely on the stability of the stablecoin for their transactions and investments.
The incident served as a reminder of the importance of robust infrastructure and reliable pegging mechanisms in the volatile world of cryptocurrencies. Despite the momentary confusion on Binance, Ethena's USDe continued to prove its resilience and stability in the market.