USDE and FDSD experienced a brief exploratory run amid Saturday’s crypto market shake-up.
The fifth largest stablecoin in the crypto economy by market capitalization, AthenaUSDE, has been temporarily detached from the peg as the market slumps. According to the data, the token, designed to reflect the value of the US dollar, fell to $0.965 each. At the same time, the market's fourth largest stable coin (FDUSD) fell to $0.9557 per coin. […]