OKX Star: USDe should not be regarded as a 1:1 pegged stablecoin, and support for USDe may be considered in the future

According to Foresight News, OKX CEO Star tweeted, "Ethena Labs has done an excellent job in both investment portfolio and risk management. OKX has listed ENA tokens and may also consider supporting USDe in the future. OKX is also a small angel investor in Ethena.

USDe should not be considered a 1:1 pegged stablecoin, it is a tokenized hedge fund. Such funds typically employ relatively low-risk strategies such as delta-neutral underlying trading or money market investing, but they still carry inherent risks, including ADL incidents, exchange-related incidents and custodian security breaches. It would be inaccurate to simply label USDe as a stablecoin, or to describe recent market movements as unanchored. If any exchange decides to incorporate USDe into its staking framework, it must have strong and dynamic risk mitigation controls in place. "

Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.