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 […]
Source: https://news.bitcoin.com/stablecoin-frenzy-usde-nears-6b-as-usd0-rockets-past-1b-in-market-supply/
Stablecoin Frenzy: USDE Nears $6B as USD0 Rockets Past $1B in Market Supply
