The real risks to Ethena’s stablecoin model (are not the ones you think)
15 Abril 2024 - 7:30PM
Cointelegraph
![](https://cointelegraph.com/magazine/wp-content/uploads/2024/04/magazine-Ethena-USDe-synthetic-dollar-risks-scaled.jpg)
Ethena may not be as risky as Terraform Labs’ disastrous UST…
but it’s not risk-free either. Here’s what you need to keep an eye
on.
...
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The real risks to Ethena’s stablecoin model (are not
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