Ethena USDe is a synthetic stablecoin designed to be worth 1 American dollar per coin. So far, so ordinary. It's using unconventional methods, though. This may sound like a rickety mathematical ...

After four months, the ethereum-based stablecoin DAI looks to be maintaining a steady dollar valuation. Since January, the theoretically USD-pegged token has fallen below dollar valuation, trading ...

Unlike other top stablecoins, Dai has no central governing body that could freeze assets. A decentralized autonomous organization (DAO) regulates Dai, and smart contracts manage the stablecoin itself.

Dai and Ethena USDe both aim for a $1 price, but use very different strategies to get there. Both stablecoins handled recent market volatility with only minor, short-lived price blips. Choosing ...