USDe market value exceeds US$1 billion

03/14 03:31

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The market value of the stablecoin USDe issued by Ethena Labs exceeded 1 billion US dollars and is now at 1.01 billion US dollars.

It is reported that USDe is a stablecoin based on Ethereum, which is secured by derivatives; to create USDe, Ethena allows users to use US dollars, ETH or liquidity collateral tokens as collateral.

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