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

by SB Crypto Guru News
August 30, 2024
in Crypto Updates
Reading Time: 1 min read
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Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 MonthsBased 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 Supply Plummets as Competition Heats Up From Aug. 23 to Aug. 30, the stablecoin economy expanded from […]



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Tags: 770MBitcoin NewsCapCrypto NewsCrypto UpdatesEthenasLatest News on CryptoMarketMonthsSB Crypto Guru NewsSeesShrinkUSDe
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