Analyst: USDe de-pegging risk unlikely to repeat after Binance price index update
Crypto analyst Chen Mo noted that while USDe briefly de-pegged to $0.92 on Binance, the risk of a repeat of the October 11 incident is theoretically mitigated. Binance has updated its price index to include actual redemption prices for USDe, moving away from relying solely on thin order book quotes, which previously facilitated risk contagion.
Summaries are written by AI from the original article. Not investment advice.