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USDe circulation exceeded 2.95 billion

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2024-05-31 13:55:46
On May 31, according to Etherscan data, the issuance of the stablecoin USDe issued by Ethena Labs has reached 2,988,857,423.4.
It is reported that USDe is an Ethereum-based stablecoin secured by derivatives, which achieves price stability through "delta neutral" hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use USD, ETH or liquidity staking tokens as collateral.
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