The USDE/USDT trading pair on the Binance platform briefly depegged, dropping to as low as $0.92.

BlockBeats news, September 22, according to Binance platform data, the USDE/USDT trading pair briefly depegged at 13:01 today, hitting a low of $0.9202 at 13:03, and then basically restored its peg to $0.9987 at 13:07.

Currently, USDE's market cap is reported at $4.912 billion, ranking 18th on the cryptocurrency market cap list. Previously, BlackRock and Ethena Labs announced a deepening of their cooperation, with BlackRock's institutional investment management platform Aladdin further supporting Ethena's stablecoin products, among which USDe has become one of the crypto assets supported by Aladdin.