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    Home » How Binance’s USDe ‘depeg’ cost the exchange millions
    Coinbase

    How Binance’s USDe ‘depeg’ cost the exchange millions

    John SmithBy John SmithNovember 25, 20251 Min Read
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    During the chaos, Ethena’s “synthetic dollar” USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.



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