The USDe issuance from Ethena Labs has exceeded six billion, a record number.

The significant rise in stablecoin issuance shows strong demand for decentralized finance (DeFi), especially after ENA surpassed the $0.5 mark and increased by 27%.

In addition to U.S. Treasury Secretary Yellen's statement that the U.S. dollar will be added to the currency chain, I believe that the positive impact of regulating stablecoins will drive the entire sector upward, and USDe may become the next killer of Tether. The danger lies in the fact that very rapid issuance could easily attract hackers, and the theft of $44.2 million from CoinDCX is a lesson learned.