USDe supply increased by 4.69% in the past week, and the current market value exceeds US$3.5 billion

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ODAILY
06-17
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Odaily Odaily News: The supply of Ethena Labs' interest-bearing stablecoin USDe has increased by 4.69% in the past week, equivalent to 158 million tokens. According to CoinGecko data, the total market value of USDe is currently $3.523 billion, making it the fourth largest stablecoin by market value. As of 6:30 p.m. Eastern Time on Sunday, June 16, 2024, USDe's market value is $979 million higher than FDUSD, the fifth largest stablecoin managed by First Digital Labs. However, USDe's daily trading volume is approximately $28.58 million, significantly lower than FDUSD's $1.12 billion. (Bitcoin.com)

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