Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months

Based mostly on the newest 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 economic system expanded from […]



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