Stablecoins have reached a total market capitalization of $250 billion, which accounts for 9% of the entire US treasury. And this is just the beginning: USDT alone has reached a market capitalization of $150 billion, and the government continues to approve new tokens.

It is becoming so popular that even IT companies are starting to create their own stablecoins. For example, $USDe, which is issued by the Ethena project on the ETH network, is gaining a lot of popularity, and this protocol is a DeFi protocol.

This stablecoin is pegged to the US dollar using short positions in the markets. This, by the way, allows you to receive rewards for holding it that are many times higher than those offered by other stablecoins.

This is confirmed by the launch of USDe on STONfi. In addition to the token being fully available for trading, several liquidity pairs have been added to it, one of which allows you to earn Ethena Points, which will most likely be directly linked to Ethena Labs.

You can find out more here:  ethena.ston.fi