ChainCatcher news shows that USDe's market value has surged since October 17, with an increase of up to $1.46 billion, an increase of nearly 61%. This increase has brought its market value to $3.87 billion, a record high, second only to Sky's DAI, which has a market value of $4.25 billion.
First, USDe's market value growth has attracted widespread attention in the market, showing that investors have increased confidence in the digital currency. Second, this growth also reflects the continued rise in market demand for stablecoins, especially during periods of market volatility. Finally, USDe's strong performance may pose a challenge to other stablecoins, prompting market participants to reassess their portfolios.