Uphold RLUSD Earn vs. Ethena Pay Earn+: Lending and Leverage Compared

An equal- style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"0,000 illustration shows how rising borrowing costs can turn a leveraged stablecoin strategy negative without a depeg.