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 […]
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Tether Powers Georgia’s Official GEL₮ National Crypto Launch
Key TakeawaysGeorgia signs an agreement with Tether to create its own official GEL₮ stablecoin.GEL₮ serves to commit quicker settlements and...
