Ethena USDe Kurs in US Dollar Chart

Ethena USDe (USDE) is a synthetic dollar stablecoin built on the Ethereum blockchain that utilises a delta hedging strategy with ETH as collateral to maintain its dollar peg. It supports a novel financial instrument called the 'Internet Bond', offering a yield-generating opportunity. The project is spearheaded by Ethena Labs and has received substantial backing from notable investment figures.