USDe Stablecoin Issued by Ethena Labs Hits 360 Million Issues
Bitget2024/07/01 19:51
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On July 2, according to data, the stablecoin USDe, issued by Ethena Labs, has reached 3,605,138,764.1 units in circulation. USDe is an ethereum-based stablecoin, secured by derivatives, that achieves price stability through "delta-neutrality" hedging in both centralized and decentralized venues. To create USDe, Ethena allows users to use USD, ETH or liquidity pledge tokens as collateral.
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