After an Incredible 2024 for USDe, Ethena Plans to Supercharge Growth

In its first year, USDe surpassed DAI as the largest decentralized stablecoin and became the third largest stablecoin overall by market cap. Founder Guy Young discusses Ethena’s plans to grow further in 2025 and attract TradFi.🔥 EPISODE LINK 🔥 CHECK OUT THE EPISODE LINKS AND DETAILS HERE 👉 unchainedcrypto.com/podcast/af... 👈 USDe shattered expectations in 2024, emerging as the largest decentralized stablecoin in circulation and a game changer for DeFi. Ethena’s founder, Guy Young, joins the show to reveal how the protocol surpassed long-established giants, generating billions in fees and setting new benchmarks for yield generation. Guy also breaks down the mechanics behind Ethena’s innovative strategies, including “Aavethena,” a yield-boosting approach that’s changing how users interact with synthetic dollars. Plus, he addresses the risks: what happens when leverage goes too far, and how Ethena mitigates volatility at its core. Will Ethena bridge DeFi and TradFi, leveraging the disconnect between crypto and traditional interest rates to tap into a $100 trillion fixed-income market? Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! ➡️ Polkadot polkadot.network/ecosystem/com... ➡️ Robinhood & Arbitrum robinhood.com/web3-wallet Guest: ⭐️ Guy Young, Founder of Ethena Labs twitter.com/leptokurtic_ Timestmaps: 00:00 Intro 01:52 The rapid rise of USDe and what surprised Guy about its ascent 05:11 Ethena’s growth plans for 2025 07:36 Ethena’s role in launching UStb 11:52 Regulatory challenges across different regions 16:24 Could a U.S. launch for USDe happen with a friendlier administration? 20:56 Why Ethena’s reserve fund hasn’t been tapped yet 22:22 How Ethena surpassed OG protocols, including Ethereum, Uniswap, etc., in fees 25:14 USDe’s growing role in DeFi applications 27:17 The “Aavethena” strategy and how it generates yield 30:38 Risks of liquidations tied to USDe 33:48 Supercharging growth with Pendle’s PT tokens on Aave 36:15 How Ethena mitigates centralization risks with exchanges 40:39 Guy’s thoughts on Ethena’s cross-chain strategy struggles 43:19 Why ENA has performed well despite airdrop fatigue 48:42 Why this bull cycle feels different 52:44 Guy’s target for 2025 _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! CHECK OUT THE CRYPTOPIANS → www.youtube.com/watch?v=DFzunC... WEBSITE → unchainedcrypto.com UNCHAINED DAILY NEWSLETTER → unchainedcrypto.substack.com LAURA'S TWITTER → twitter.com/laurashin UNCHAINED TWITTER → twitter.com/unchained_pod FACEBOOK → www.facebook.com/unchainedwith... INSTAGRAM → www.instagram.com/laurashin/?h... LINKEDIN → www.linkedin.com/in/laurashin MERCHANDISE → unchainedpodcast.company.site ++++++++++++++++++++++++++++++++++++++++++++++++ NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY! ALONG WITH BITS & BIPS AND THE CHOPPING BLOCK Apple → podcasts.apple.com/us/podcast/... Spotify → open.spotify.com/show/1cJrrfGY... RSS Feed → feeds.megaphone.fm/LSHML476194... YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO!