🚨 Ethena announces a follow-on $530M PIPE deal for 'StableCoinX,' and the foundation launches a new $310M open-market buyback program. 🚨
⚡ This $840M combined move shows Ethena’s intent to supercharge StableCoinX growth while reinforcing market confidence.
📈 The $530M PIPE deal highlights institutional demand, while the $310M buyback signals long-term commitment to token stability and value.
🔥 Together, these initiatives could reshape StableCoinX’s role in the stablecoin and DeFi ecosystem, making it one of the most closely watched projects in the market right now.
#Ethena #DeFi #Altcoins #CryptoClarityAct #BinanceAlpha $ENA