The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet
Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1)…
Synthetic Dollar Protocol Ethena Surges by More Than 45% This Week Amid Rollout of New Product Offerings
The native token of the synthetic dollar protocol developer Ethena (ENA) surged by more than 45%…
Stablecoin Market Adds $1B in Six Days as Major Tokens Expand
In the past month, the stablecoin market has kept its upward momentum, with four out of the top five…
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT)…
USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead
Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to…
Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic…
Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE…
Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing
Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed…
Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions
Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of…