رؤى Gutsul Crypto News(@GutsulCrypto)

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❗️ The supply volume of the stablecoin Ethena has exceeded $2 billion 🏢 The stablecoin $USDe from Ethena surpassed the $2 billion supply threshold just two months after its public introduction. 📈 This makes it the fifth-largest stablecoin by market capitalization, accounting for 1.25% of the total $160 billion market. 🔍 What is the key difference of $USDe from traditional stablecoins: ◀️ $USDe uses a unique mechanism that does not rely on direct fiat or asset collateral. Instead, it incorporates hedging with derivatives to maintain its dollar peg. ◀️ It also employs cash-and-carry trading, which generates income that is then shared with stablecoin holders (for example, buying ETH and selling ETH futures). ◀️ Additionally, Ethena Labs added bitcoin as collateral yesterday. ✅ Currently, the price of $ENA is $0.86. #EthenaLabs #ENA #USDe #Stablecoin

❗️ The supply volume of the stablecoin Ethena has exceeded $2 billion
🏢 The stablecoin $USDe from Ethena surpassed the $2 billion supply threshold just two months after its public introduction.
📈 This makes it the fifth-largest stablecoin by market capitalization, accounting for 1.25% of the total $160 billion market.
🔍 What is the key difference of $USDe from traditional stablecoins:
◀️ $USDe uses a unique mechanism that does not rely on direct fiat or asset collateral. Instead, it incorporates hedging with derivatives to maintain its dollar peg.
◀️ It also employs cash-and-carry trading, which generates income that is then shared with stablecoin holders (for example, buying ETH and selling ETH futures).
◀️ Additionally, Ethena Labs added bitcoin as collateral yesterday.
✅ Currently, the price of $ENA  is $0.86.
#EthenaLabs  #ENA  #USDe  #Stablecoin  