According to BlockBeats, on July 2, according to Etherscan data, the issuance of USDe, a stablecoin issued by Ethena Labs, has reached 3,605,138,764.1. USDe is an Ethereum-based stablecoin that is secured by derivatives and achieves price stability through "delta neutral" hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use US dollars, ETH, or liquid pledge tokens as collateral.