USDe, a stablecoin from Ethena, has surpassed DAI and become the third by market capitalization after USDT and USDC. Although its market capitalization is less than $6 billion, it is quickly gaining popularity. 💰 Yield rates in Ethena reach 24%, but the risks of the CeDeFi strategy remain. Despite this, USDe is actively accepted on platforms such as Aave and Wintermute. Meanwhile, Sky (now Maker) faces criticism for changes in DAI.