Data: USDe issuance exceeds 2.95 billion
According to Etherscan data, the stablecoin USDe issued by Ethena Labs has reached a circulation of 2,988,857,423.4. It is reported that USDe is an Ethereum-based stablecoin, 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.
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