Ethena USDe has become the fifth largest stablecoin by market value
According to Coingecko data, as of the time this article was written, Ethena USDe's market capitalization has reached approximately $1.98 billion, surpassing USDD to become the fifth largest stablecoin by market cap, only behind Tether (current market cap about $106.26 billion), USDC (current market cap about $32.88 billion), DAI (current market cap about $4.938 billion), and FDUSD (current market cap about $2.521 billion).
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.
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