What Is Ethena’s USDe Synethic Dollar? A Beginner’s Guide - Since their inception, stablecoins have provided a price-stable asset in the otherwise volatile crypto markets. In the growing decentralized finance (DeFi) market, stablecoins are primarily used in trading, lending, and yield farming. Now, a new synthetic dollar, Ethena (USDe), has been launched in an attempt to provide another instrument for DeFi ...