Ethena USDe

USDe

Arthur

Ethena

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Ethena USDe’s 72.65% monthly growth highlights its potential to disrupt stablecoin leaders.</strong></li> 
 <li><strong>Tether’s $135B market cap and multi-chain reach secure its dominance in the stablecoin space.</strong></li> 
 <li><strong>USDC’s 14.62% monthly growth shows resilience but lags Ethena USDe’s meteoric rise.</strong></li> 
</ul> 
<p>Ethena Labs has entered the stablecoin market with its new, Ethena USDe (USDe). This comes as the market has long been dominated by Tether (USDT) and USD Coin (USDC).</p> 
<p>As noted by Arthur Hayes, Co-Founder of BitMEX, USDe is growing remarkably, making established players like Circle, the issuer of USDC, take notice. Ethena Labs’ aggressive entry into the stablecoin arena suggests that a market shake-up might be underway.</p> 
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   <p lang="en" dir="ltr">Circle … be afraid, be very afraid <a href="https://twitter.com/ethena_labs?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@ethena_labs</a> is coming for you! <a href="https://t.co/dHdFbY7Bs3" target="_blank" rel="nofollow">pic.twitter.com/dHdFbY7Bs3</a></p>— Arthur Hayes (@CryptoHayes) <a href="https://twitter.com/CryptoHayes/status/1863795200055034317?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 3, 2024</a>
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<h2 class="wp-block-heading" id="h-tether-still-leads-but-the-market-is-changing"><strong>Tether Still Leads, But the Market Is Changing</strong></h2> 
<p>Tether (USDT) remains the dominant stablecoin, supported across 78 blockchains, which shows its versatility. Its price is consistently $1, showing stability, with deviations of +0.10% daily and +0.50% monthly.</p> 
<p>Also, <a href="https://coinedition.com/usdt-demand-soars-echoing-2021-trends-as-bitcoin-gains-50-in-november/?utm_source=telegram_channel&amp;utm_medium=referral">USDT</a> has improved substantially, with a 1-month gain of +12.18%. …</p>
<p>The post <a href="https://coinedition.com/ethena-usde-stablecoin-surges-72-tethers-market-lead-at-risk/">Ethena USDe Stablecoin Surges 72%—Tether’s Market Lead at Risk</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ethena USDe Stablecoin Surges 72%—Tether’s Market Lead at Risk

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Coin Edition

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