Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue

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Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue

USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leadin...

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