1 / 2 Relevant items tagged with #USDe

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Optimism high for Ethena’s USDtb stablecoin as it clocks $65M TVL on day 1

[Dec 17 2:19 AM] Ethena’s USDtb has already amassed more than $65 million in total value locked on the opening day.

Ethena’s USDe beats DAI to become 3rd-largest stablecoin

[Dec 12 6:56 PM] The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy

[Nov 29 4:30 AM] Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market…

Stablecoin trading volume surges to $1.8T in November

[Nov 27 5:00 PM] Stablecoin trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. 

Ethena’s ENA token rallies on USDe integration by Deribit

[Nov 22 1:38 PM] According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval.

Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY

[Nov 21 8:51 PM] On the heels of Coinbase revealing that Coinbase Wallet users holding USDC can now earn a 4.7% annual percentage yield (APY), Arthur Hayes hopped on social media to highlight the appeal of USDE’s much higher 29% APY. Hayes Mocks…

Ethena adopts fee-sharing proposal for ENA token

[Nov 15 9:55 PM] Now the protocol is working on a value accrual mechanism for ENA stakers. 

Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets

[Oct 28 9:17 AM] "Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

Wintermute to take Ethena’s USDe as trading margin

[Oct 25 5:15 PM] Trading platforms and regulators are increasingly embracing cryptocurrency as collateral for trades. 

The Big Role Ethena’s USDE Could Play in Hyperliquid’s Upcoming Mainnet

[Oct 17 9:05 PM] Ethena has proposed integrating its liquidity and hedging engine into Hyperliquid, a layer one (L1) blockchain set to launch its EVM mainnet. The proposal includes adding USDE, Ethena’s stablecoin, within the Hyperliquid ecosystem upon…

Ethena Labs Proposes SOL for USDe's Collateral

[Oct 14 5:00 AM] If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.

Ethena to launch new stablecoin backed by BlackRock’s BUIDL

[Sep 26 11:45 AM] Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said.

Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL

[Sep 26 11:22 AM] Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

Stablecoin Market Adds $1B in Six Days as Major Tokens Expand

[Sep 21 4:30 PM] In the past month, the stablecoin market has kept its upward momentum, with four out of the top five U.S. dollar-pegged tokens increasing in supply. Since Sept. 15, the stablecoin economy has expanded by $1.04 billion, all within just six days…

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

[Sep 15 5:25 PM] Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has…

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

[Sep 3 12:30 AM] Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over the past three days, Ethena’s USDE supply has decreased by 130…

Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months

[Aug 30 2:40 PM] Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less than two months, its market capitalization has decreased by $770 million. Ethena’s USDE…

Ethena Labs launches Solana version of USDe stablecoin

[Aug 7 9:06 PM] USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift.

Ethena Labs launches Solana version of USDe stablecoin

[Aug 7 9:06 PM] USDe was made available on Solana and became integrated with multiple Solana-based DEXs and DeFi protocols, including Kamino, Orca and Drift.

Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration

[Aug 7 7:30 PM] On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the…

Stablecoin Market Sees PYUSD Supply Swell While USDE Shrinks With Redemptions

[Aug 6 8:10 PM] Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than…

Ethena Labs’ USDe launches as margin collateral on Bybit with 20% APR

[Aug 2 10:10 AM] The integration will also offer Bybit users daily airdrop rewards for holding Ethena's USDe.

Stablecoin Market Remains Steady in June Amidst Crypto Volatility

[Jun 30 10:01 AM] While June was a lackluster period for crypto assets as many experienced double-digit losses against the U.S. dollar, the stablecoin market also saw minimal growth over the past 30 days. Ethena’s USDE led the growth, with its supply…

$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

[Jun 9 9:20 AM] Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its…

Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD

[Jun 2 8:10 AM] This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the…

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

[May 26 10:30 AM] The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In…

USDE and FDUSD Experience Brief Depegs Amid Saturday’s Crypto Market Shake-Up

[Apr 14 8:40 AM] The fifth-largest stablecoin in the crypto economy by market capitalization, Ethena’s USDE, temporarily detached from its peg on Saturday amid market declines. Data reveals that the token, designed to mirror the U.S. dollar’s value…

Arthur Hayes Introduces New ‘Risk Radar’ for Ethena’s USDE Stablecoin

[Apr 13 11:08 AM] Following criticism of Ethena’s USDE stablecoin, which brought back memories of the Terra blockchain’s Anchor protocol failure, Ethena backer Arthur Hayes introduced a risk tracker by intotheblock.com that monitors aspects like the…

Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign

[Mar 30 2:31 AM] Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of…

Ethena’s USDE Yield Hits 67%, Outpacing Most Stablecoin Returns

[Mar 8 9:05 AM] 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…