According to the source, this claim cannot be verified or cited because the provided author is a competing crypto media outlet. Please share a primary source such as an official Binance announcement, exchange status notice, Binance X post, or a regulator disclosure to enable a trading-focused summary with validated figures and timing.

According to @business, Ethena’s yield-bearing stablecoin USDe briefly lost its dollar peg during a broader crypto market selloff that triggered record liquidations. Source: Bloomberg (@business), Oct 11, 2025. Bloomberg also described the asset as the third-largest stablecoin at the time of the depeg, underscoring systemic liquidity risk during the rout. Source: Bloomberg (@business), Oct 11, 2025.

According to @PeckShieldAlert, USDe has depegged to about $0.65 against USDT at the time of reporting. Source: PeckShieldAlert on X https://twitter.com/PeckShieldAlert/status/1976823216170766508 This level indicates roughly a 35 percent deviation from the $1 peg, highlighting material pricing risk for USDe-quoted pairs during the event window. Source: PeckShieldAlert on X https://twitter.com/PeckShieldAlert/status/1976823216170766508 Traders holding or quoting USDe against USDT would face an immediate mark-to-market discount near the reported level. Source: PeckShieldAlert on X https://twitter.com/PeckShieldAlert/status/1976823216170766508