December 5, 2025
blocktimes.co.uk Blog Coinbase How Binance’s USDe ‘depeg’ cost the exchange millions
Coinbase

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

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  • November 27, 2025
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  • 1 week ago


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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