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Ethena’s USDe stablecoin surges to over $13B after Binance listing
Yahoo Finance·2025-09-11 03:27

Ethena’s USDe stablecoin supply surpasses 13billionasittargetsa13 billion as it targets a 40 billion market opportunity on Binance - Cover art/illustration via CryptoSlate. Ethena’s synthetic stablecoin, USDe, has climbed to over 13billionincirculationlessthanadayafteritwaslistedonBinance.DeFiLlamadatashowssupplyjumpednearly213 billion in circulation less than a day after it was listed on Binance. DeFiLlama data shows supply jumped nearly 2% in 24 hours to about 13.2 billion, making it the fastest-growing stablecoin in the past day. This rapid expansion has been ongoing over the past month, with the protocol adding ...