Ethena’s USDE and Usual’s USD0 Skyrocket in Value Amidst $204 Billion Stablecoin Boom

The stablecoin market has recently

The stablecoin market has recently surpassed $200 billion, with two fiat-backed tokens experiencing significant growth. Ethena’s USDE, a yield-generating stablecoin, has expanded rapidly to nearly 6 billion in supply, while Usual’s USD0 supply has surpassed 1 billion. This development shakes up the stablecoin market.

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