Stablecoin Frenzy: USDE Approaches $6 Billion as USD 0 Surpasses $1 Billion Market Supply

Over the past month, the stablecoin market has swelled by more than $200 billion and two fiat-backed tokens have seen eye-catching expansion. Ethena’s yield-generating stablecoin, USDE, has seen rapid growth, now approaching 6 billion in supply. Meanwhile, Usual’s $0 offering crossed the billion mark. Ethena’s USDE and Usual’s USD0 shake up a stable $204 billion market (…)



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