No Summary provided as the original text is short
- Depeg: A situation where a stablecoin's value deviates from its intended peg, often leading to market instability.
- Synthetic Dollar: A cryptocurrency or token designed to mimic the value of the U.S. dollar, often backed by derivatives or other non-fiat collateral.
- USDe: A synthetic dollar token issued by Ethena, intended to maintain a stable value pegged to the U.S. dollar.