Back To Top

February 25, 2025

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 USDeโ€™s total reserves, reserve coverage, and governance-approved collateral. This integration marks a significant advancement in stability for USDe in the ever-evolving crypto landscape.

Prev Post

PBOC Adjusts USD/CNY Reference Rate Amid Currency Market Pressures

Next Post

ECB’s Nagel Predicts Further Rate Cuts If Inflation Hits Target

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment