USDe issuance is nearly 2.3 billion
According to Etherscan data reported, the stablecoin USDe issued by Ethena Labs has reached a circulation of 2,292,060,769. USDe is a stablecoin based on Ethereum, which is collateralized by derivatives and achieves price stability through delta-neutral hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use USD, ETH, or liquidity collateral 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.
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