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3232Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months
https://www.digit.info/ethenas-usde-sees-market-cap-shrink-by-770m-in-less-than-2-months/
Fri, 30 Aug 2024 14:40:42 +0000https://www.digit.info/ethenas-usde-sees-market-cap-shrink-by-770m-in-less-than-2-months/Read more]]>Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from […]
Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from […]
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