Ethena USDe Briefly Drops to $0.92 on Binance Before Recovering
Ethena's synthetic dollar USDe experienced a brief price drop to $0.9202 on the Binance USDE/USDT spot pair on September 22, 2026. The incident occurred around 1 p.m. Beijing time, with the price recovering to near $0.9996 within minutes. The 8% deviation has reignited discussions regarding the depeg risks associated with the token.
Summaries are written by AI from the original article. Not investment advice.