Ethena Labs Strengthens USDe Security with Chaos Labs’ Oracles Integration
Ethena Labs has taken a major step to enhance the security of its synthetic stablecoin, USDe, by integrating Chaos Labs’ Edge Proof oracles. This strategic move aims to strengthen the risk management framework surrounding USDe. By implementing these oracles, Ethena Labs enhances transparency in independently verifying USDeโs total reserves, reserve coverage, and governance-approved collateral. This integration marks a significant advancement in stability for USDe in the ever-evolving crypto landscape.