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Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue

January 10, 2025
in Crypto/Coins
Reading Time: 1 min read
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Ethena Stablecoin Nears $6B Market Cap, Tops $250M in RevenueUSDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s an artificial greenback that makes use of a “delta-neutral” technique to take care of its peg with the U.S. greenback. USDE is Quietly Main the Area of interest Stablecoin Market The $212 billion stablecoin market is at present dominated by Tether (USDT) and USDC, however a brand new entrant has quietly […]

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Tags: 250MCapethenaEthena LabsMarketNearsRevenueStablecoinStablecoinstops
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