According to Wu, Ethena released the May USDe asset custodian certificate. As of 18:00 UTC+8 on May 24, the USDe supply was 2.673 billion. Among them, Copper validators held 1.318 billion, Ceffu validators held 1.338 billion, and Cobo validators held 5.52 million. In addition, there were $15.4 million in the Ethena minting/redemption contract to meet redemptions, as well as a $42.3 million reserve fund.