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Nalezeno "usde": 56

Stablecoin Market Remains Steady in June Amidst Crypto Volatility

30.6.2024
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 increasing by 21.4% since May. Stablecoin Economy Shows...

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

9.6.2024
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 supply. Stablecoin Market Swelled Last Season;...

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

26.5.2024
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 contrast, First Digital’s FDUSD experienced...

Ethena Labs boosts USDe token with Bybit integration

8.5.2024
Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange.  Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...

Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

19.4.2024
Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to the increase in USDT’s market...

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

13.4.2024
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 token’s adherence to its U.S. dollar peg....

Stablecoin Market Expands by $4.46 Billion in 12 Days

12.4.2024
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the last 30 days. Top Dollar-Pegged Cryptos See Growth Amid...

Bitwise President Explains Why He’s Curious About Ethena

11.4.2024
Ethena (USDe) is fast becoming one of the fastest-growing dollar-denominated instruments—and its mechanics look relatively safe. The post Bitwise President Explains Why He’s Curious About Ethena appeared first on Cryptonews

Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing

5.4.2024
Ethena Labs plans to use Bitcoin as backing to expand the capacity and stability of USDe stablecoin, which is currently backed by only Ethereum liquid staking tokens. The post Ethena Labs to Scale USDe Stablecoin with Bitcoin Backing appeared first on Cryptonews

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