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Yasar Hashimi
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Do you think the price of Bitcoin will go above seventy thousand?
#sanor016CommUNITY
#BTC
#BTC_live_market_update
#Price-Prediction
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Yasar Hashimi
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Ethena's USDE Yield Hits 67%, Outpacing most Stablecoin Returns According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in the last 30 days. Rapid Growth for Ethena’s USDE Currently, Ethena’s USDE ranks as the sixth largest stablecoin by market capitalization, a status achieved through a 414.6% increase in supply over the past 30 days, bringing its market value to $838.75 million. Similar to FDUSD, it has quickly become a notable player, experiencing swift growth since its launch. USDE currently trails behind TUSD in market capitalization, requiring an addition of $451.25 million to its supply to overtake TUSD. Ethena’s stablecoin also reached an important milestone in annual percentage yield (APY), which is 67.2% as of now. Ethena Finance has grown its user base to 350,000, with the total value locked (TVL) at $840.6 million. Ethena’s rapid rise in the stablecoin market, marked by its substantial 67.2% APY and a 414.6% increase in supply, underscores the dynamic nature of stablecoins within decentralized finance. As it nears TUSD’s market cap with a growing base of over 350,000 users, Ethena’s performance and yield strategy might shift the paradigms of stablecoin utility and investment approaches in the sector. #TrendingTopic #views #cryptomummy #sanor016CommUNITY #TrendingTopic
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