Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD

Ethena’s USDE Stablecoin Surpasses $3 Billion, Flipping First Digital’s FDUSD


This weekend, Ethena’s synthetic U.S. dollar stablecoin USDE reached the $3 billion range. As of June 2, 2024, USDE has surpassed First Digital’s FDUSD stablecoin. Ethena’s Synthetic Stablecoin USDE Exceeds $3 Billion Launched in February, the synthetic U.S. dollar stablecoin USDE, which offers yield earnings on holdings, has exceeded the $3 billion threshold. As of […]

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