Primarily based on the most recent knowledge, Ethena’s yield-generating stablecoin, USDE, has skilled a dramatic contraction in provide since July 4, 2024. Over the span of lower than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Provide Plummets as Competitors Heats Up From Aug. 23 to Aug. 30, the stablecoin financial system expanded from […]
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