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 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
👉  https://unchainedcrypto.com/podcast/after-an-incredible-2024-for-usde-ethena-plans-to-supercharge-growth/ 👈

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 https://polkadot.network/ecosystem/community/
➡️    Robinhood & Arbitrum https://robinhood.com/web3-wallet/

Guest:
⭐️ Guy Young, Founder of Ethena Labs https://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 → https://www.youtube.com/watch?v=DFzunCFXrv4 WEBSITE → https://unchainedcrypto.com
UNCHAINED DAILY NEWSLETTER → https://unchainedcrypto.substack.com/ LAURA'S TWITTER → https://twitter.com/laurashin
UNCHAINED TWITTER → https://twitter.com/unchained_pod
FACEBOOK → https://www.facebook.com/unchainedwithlaurashin
INSTAGRAM → https://www.instagram.com/laurashin/?hl=en
LINKEDIN → https://www.linkedin.com/in/laurashin/
MERCHANDISE → https://unchainedpodcast.company.site/
++++++++++++++++++++++++++++++++++++++++++++++++
NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY!
ALONG WITH BITS & BIPS AND THE CHOPPING BLOCK
Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1
Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w 
RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 

YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO!

Youtube

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

在其首年,<USD>超越<Dai>成为最大的去中心化稳定币,并成为市值第三大的稳定币。创始人Guy Young讨论了<ETH>的进一步发展计划...

在第一年,USDe超越DAI成为最大的去中心化稳定币,并成为市值第三大的稳定币。创始人Guy Young讨论了Ethena在2025年进一步增长并吸引传统金融的计划。🔥 节目链接 🔥
查看节目链接和详细信息:
👉 https://unchainedcrypto.com/podcast/after-an-incredible-2024-for-usde-ethena-plans-to-supercharge-growth/ 👈

USDe在2024年打破了预期,成为流通量最大的去中心化稳定币,并成为DeFi的游戏规则改变者。Ethena的创始人Guy Young加入节目,揭示了该协议如何超越长期建立的巨头,产生数十亿美元的费用,并为收益生成设立新的基准。
Guy还分解了Ethena创新策略背后的机制,包括"Aavethena"这种提高收益的方法,正在改变用户与合成美元互动的方式。此外,他还谈到了风险:当杠杆过度时会发生什么,以及Ethena如何从根本上缓解波动性。
Ethena是否会成为DeFi和传统金融之间的桥梁,利用加密货币和传统利率之间的脱节来进入100万亿美元的固定收益市场?

访问我们的网站获取最新新闻、分析、专栏文章,了解加密货币的一切:unchainedcrypto.com

感谢我们的赞助商!
➡️ Polkadot https://polkadot.network/ecosystem/community/
➡️ Robinhood & Arbitrum https://robinhood.com/web3-wallet/

嘉宾:
⭐️ Guy Young,Ethena Labs创始人 https://twitter.com/leptokurtic_

在 USDe 取得令人难以置信的 2024 年业绩后，Ethena 计划进一步加速增长

稳定币在加密行业的交易、支付以及储蓄中占据至关重要的地位。截至目前，稳定币市值约 2000 亿美元，占到整个其中稳定币龙头 Tether (USDT) 目前是市值已达 1380 亿美元。在过去的一年，市场出现了多个备受关注的稳定币协议，通过现实中美国国债或是对冲策略为稳定币持有者提供收益。
此前，Beosin 已对主流中心化稳定币进行了分析，并在今年 8 月推出了 Stablecoin Monit...

生息稳定币协议分析：安全要点与监管难题

明年 Q1 上线主网，15% 的代币将空投给 ENA 质押用户。

Ethena 生态首个空投项目 Ethereal，能否复制 Hyperliquid 的奇迹？

在选举后的短短 40 天内，稳定币市场总量从 1700 亿美元增长到 2000 亿美元，这是自 2021 年以来最快的增长速度。
作者：OurNetwork
编译：深潮TechFlow
来自编辑团队：
加密领域迎来了一个重要的里程碑：稳定币供应量突破 2000 亿美元。这意味着，锚定美元的资产正在个人支付和机构支付中被广泛使用，同时在去中心化金融 (DeFi) 领域的应用也在不断扩大。
rwa.x...