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Rising Borrowing Costs Threaten Leveraged Stablecoin Strategies, The Defiant Analysis Shows
A $10,000 illustration comparing Uphold RLUSD Earn and Ethena Pay Earn+ strategies reveals that a leveraged stablecoin strategy can turn negative due to rising borrowing costs, even without the stablecoin depegging.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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