USDe issuance exceeds 2.95 billion
On May 31, according to Etherscan data, the issuance of the stablecoin USDe issued by Ethena Labs has reached 2,988,857,423.4. It is reported that USDe is an Ethereum-based stablecoin, guaranteed by derivatives, which achieves price stability through "delta neutral" hedging in centralized and decentralized venues. In order to create USDe, Ethena allows users to use US dollars, ETH or liquid pledge tokens as collateral.
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