Markets Track Playbook Moves as USDe Depeg Sparks Questions
Crypto Market 
Depeg A Binance pricing feed error and record liquidations spotlighted leverage risk as tariff tensions tracked a recurring market playbook.
Ethena Labs
Ethena Labs and Jupiter Exchange Unite to Power Solana with JupUSD
Ethena Labs and Jupiter Exchange introduce JupUSD, a stablecoin to replace $750M in assets and anchor Solana’s DeFi system.
Ethena Labs Steps Back from Hyperliquid’s USDH, Leaving Native Markets in Lead
Ethena Labs pulls back its bid for Hyperliquid’s USDH stablecoin, while Native Markets gains strong community backing for the vote.
Ethena Labs to Go Public with $360M SPAC Deal Backing ENA Buyback
Ethena Labs to go public via a $360M SPAC merger, launching StablecoinX to boost ENA with a $260M buyback and Nasdaq listing.
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