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Posted by
Two Blokes Apr 24 -
Filed in
Crypto
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2 views
TL;DR The founder of Ethena stated that the issuance of USDe drives demand for USDT, since it covers 70% of the collateral in perpetual swaps. Young argued that in the stablecoin market it's unfeasible to combine high liquidity with high yields, which explains the differences between both protocols.
