Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now […]
Source: https://news.bitcoin.com/yield-chasers-propel-ethenas-usde-to-4-12b-market-cap-in-the-bull-market-frenzy/
Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy
