Arthur Hayes: USDe will replace USDT in the future to become the largest U.S. dollar stablecoin by market capitalization

BitMEX founder Arthur Hayes stated on social media that the stablecoin protocol Ethena's USDe will eventually replace USDT as the largest USD stablecoin. However, this will take time. Hayes himself will do his best as an advisor and mint some USDe. It is reported that the issuance of USDe has reached 50 million. The Ethena mainnet will be launched in January 2024.Earlier today, according to Scopescan data monitoring, Arthur Hayes is depositing ETH into Lido and then using stETH to mint USDe in the decentralized stablecoin project Ethena Labs. So far, he has deposited 440 ETH ($1.01 million) and received 1.01 million USDE. He still owns 5451 ETH ($12.5 million).

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