Ethena stablecoin USDe redemption hits record high of $268 million in one day
On March 3rd, according to Dune data, the stablecoin USDe experienced its largest single-day redemption in history on March 1st, totaling $2.68 billion, resulting in a decrease of approximately 4.7% in the total circulation of USDe.
The data shows that this redemption activity was mainly driven by two large holders: address 0x59 redeemed approximately 180 million USDe, while Sky redeemed approximately 70 million USDe.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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