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…
Stablecoin Market Remains Steady in June Amidst Crypto Volatility
While June was a lackluster period for crypto assets as many experienced double-digit losses against…
Arthur Hayes-Backed Ethena Labs Announces New Tokenomics Update for ENA
Synthetic dollar protocol developer Ethena Labs is updating the tokenomics for its native asset…
$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total
Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into…
Ethena USDe overtakes Solana in revenue, hits $3 billion market cap
Ethena Labs’ USDe, a synthetic dollar stablecoin, has garnered significant community adoption…
Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD
This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of…
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
The stablecoin market has experienced modest growth over the past two weeks, with valuations…
New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics
Market intelligence platform Kaiko Analytics reports that new competitors are chipping away at…
