December 20, 2024

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Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy

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Yield Chasers Propel Ethena’s USDE to .12B Market Cap in the Bull Market Frenzy
Yield Chasers Propel Ethena’s USDE to .12B Market Cap in the Bull Market FrenzyBased 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 […]