Ethena’s USDe Briefly Loses Peg During $19B Crypto Liquidation Cascade USDe recovered quickly, and Ethena Labs confirmed that the mint and redeem functionality remained operational, with the stablecoin remaining overcollateralized. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: Altcoins - @ October 11, 2025 8:00 pm