Circle getting valued like this puts the ceiling so much higher for Ethena
With every day passing $USDe and $USDtb are becoming more woven into the fabric of DeFi
Yesterday’s news that Blackrocks $BUIDL clients are gonna be able to swap 1:1 into $USDtb (as the only stable) via a new swap facility is a massive nod to Ethena’s standing in TradFi
Ethereal and Converge are gonna catapult it to new highs