Ethena founder: The surge in USDe supply, Aave integration and CEX support as collateral will drive supply demand
Bitget2024/11/15 13:06
On November 15th, Ethena Labs founder Guy Young stated on social media that the supply of USDe has begun to show parabolic growth, with an increase in supply exceeding $700 million over the past three weeks. This has surpassed the total supply of PayPal's PYUSD or BUIDL.
It is expected that today's announced integration with Aave will provide billions of dollars in supply demand for USDe within the next month. In addition, collateral listings from two new centralized trading platforms are set to launch within next week.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$90,043.25
-1.00%
Ethereum
ETH
$3,084.14
-2.71%
Tether USDt
USDT
$1.0000
-0.02%
Solana
SOL
$232.38
+6.67%
BNB
BNB
$624.34
-0.69%
XRP
XRP
$1.1
-3.62%
Dogecoin
DOGE
$0.3594
-2.83%
USDC
USDC
$0.9998
+0.00%
Cardano
ADA
$0.7251
-5.10%
TRON
TRX
$0.1963
-3.24%
Bitget pre-market
Buy or sell coins before they are listed, including ZRC, MAJOR, OGC, MEMEFI, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now