@sportsbook
Ethena: Stablecoin Velocity Accelerates with Market Momentum
- USDe has rapidly ascended to become the third-largest stablecoin by market share with over $8.5B USDE supply and vanilla rates being ~11% on sUSDe at the time of writing.
- Through the GENIUS Act and its partnership with Anchorage, it is also is paving the way for compliant stablecoins that can be used within the U.S.
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