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Bitcoin.com 2024-12-22 18:46:14

Stablecoin Frenzy: USDE Nears $6B as USD0 Rockets Past $1B in Market Supply

Over the past month, the stablecoin market has swelled over $200 billion, and two fiat-backed tokens have experienced eye-catching expansions. Ethena’s yield-generating stablecoin, USDE, has grown rapidly, now approaching 6 billion in supply. Meanwhile, Usual’s USD0 supply has crossed the 1 billion threshold. Ethena’s USDE and Usual’s USD0 Shake Up a $204B Stablecoin Market December

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