Based 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 […]
Source link
Wells Fargo Buys $383M in Bitcoin ETFs as Retail Fear Peaks
Key Takeaways:Wells Fargo has invested in Bitcoin ETFs in the tune of $383 million and this indicates that it has...
