Ethena USDe Market Supply on a Meteoric Rise Amidst ENA Token Slump: Will It Follow Other Stablecoins' Collapse?
Ethena made history with its USDe surpassing $3B just four months after launch. Its Sats campaign will continue until 2 September or until USDe supply reaches $5B. However, the ENA token has declined over 50% in the past month. Will Ethena's USDe follow the path of other high-profile stablecoin collapses?
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