Total Supply of the Stablecoin USDe from Ethena Labs Reaches $12 Billion 💹
🚀 Ethena Labs announced that the total supply of the USDe coin has reached $12 billion, up from just $10 billion.
🥉 USDe has now become the third largest stablecoin in the market.
📈 The coin recorded rapid growth of 75% over one month, reflecting its expansion in the decentralized finance (DeFi) market.
💰 Investment opportunities associated with USDe have become more attractive, especially through Delta-Neutral hedging strategies.
🤝 Institutional partnerships, such as Anchorage Digital, have shown increasing trust in the stablecoin model by expanding secure custody arrangements.
🔗 Integrating USDe across 24 blockchain networks increases liquidity and enhances compliance in the DeFi space.
📊 Market experts expect continued growth and expansion in the use of USDe, which may attract more oversight and regulation.
🏦 This achievement indicates the increasing importance of stablecoins in supporting the infrastructure of decentralized finance and enhancing returns and security in the market.