Tag: blockchains
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Ethena’s USDe: Redefining Stablecoin Architecture Through Sophisticated Collateral Mechanisms
In the world of DeFi, the “decentralized” aspect is often called into question, as much of the financial markets are inherently built on trust. While the ethos of decentralized finance encourages trusting the code, the frequent hacks and crashes make it difficult for the average person to entrust their money to protocols and stablecoins. Many…