@Ethena_Labs’ innovative stablecoin, $USDe, has reached a new milestone with a total supply of $3.65 billion, driven by strong demand for its funding rate yield. This growth highlights the increasing confidence in $USDe, as 75% of the coin’s supply is now staked, solidifying its stability. Since its launch, $USDe has consistently maintained its 1:1 peg within a tight 1% range, further boosting its reliability. . @ethena_labs’s USDe has reached an all-time high supply of $3.65B, fueled by strong demand for its funding rate yield. With 75% of USDe now staked, confidence in its stability grows, as it has consistently maintained
The post @Ethena_Labs’ USDe Hits $3.65B Supply, Cementing Its Position In DeFi appeared first on The Merkle News.