BaFin approves the redemption of Ethena USDe stablecoin. Holders must apply by August 6.

[Coin World] Ethena Labs announced on Wednesday that the Federal Financial Supervisory Authority (BaFin) of Germany has reached an agreement with the company's German subsidiary, Ethena GmbH, regarding the redemption plan for USDe stablecoin holders, and has initiated a 42-day redemption process for stablecoin holders. The Federal Financial Supervisory Authority (BaFin) stated that USDe holders must submit their redemption requests directly to Ethena GmbH by August 6, and the process will be supervised by a special representative appointed by BaFin.

USDE0.06%
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AlphaBrainvip
· 06-28 13:59
42 days must have been hard to wait.
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NFTragedyvip
· 06-28 08:23
Another stablecoin is doomed.
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GateUser-e51e87c7vip
· 06-25 14:29
Hurry up and cancel
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FlashLoanLordvip
· 06-25 14:23
The 42-day deadline is secured.
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ForumMiningMastervip
· 06-25 14:02
Why is another stablecoin about to Rug Pull?
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