USDe Issued over 2.29 billion pieces
USDe, the stablecoin issued by Ethena Labs, has reached 2,292,060,769 in circulation, according to Etherscan.
USDe is said to be an ethereum-based stablecoin, secured by derivatives, that achieves price stability through "delta-neutral" hedging in both centralized and decentralized venues. To create USDe, Ethena allows users to use USD, ETH or liquidity pledge tokens as collateral.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Atlanta Fed President Bostic to retire in February next year
Federal Reserve Governor Milan: Stablecoins could impact 30%-60% of savings
Bostic: Current policies are restrictive for businesses, especially in the housing sector
Trending news
MoreCrypto prices
More
