USDe Nears $15B: Ethena’s Synthetic Dollar Muscles Into the Big Leagues
Ethena’s synthetic dollar is racing toward a $15 billion market cap, and the road signs all point to bigger ambitions ahead. Ethena’s USDe Market Cap Edges Higher USDe isn’t a…
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Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended…