The German regulator Bafin identifies the “gaps” in the stablecoin of the USDE of Ethena
The German financial supervision authority Bafin said that he had identified “serious gaps” in the stablecoin of the Synthetic USDE of Ethena. Ethena is the yield generator protocol. Stablecoin has a market capitalization of $ 5.4 billion. Ethena said on X that he “will continue to assess alternative executives”, after being informed that “the application […]
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