DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day
Ethena offers 27% annualized rewards to holders of its USDe stablecoins, a yield it generates mostly by shorting ether futures.
Stable
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
The central banker said fiat money is more credible than stablecoins because it has the power of government behind it.