Ethena's USDe Stablecoin Hits $12B Supply Mark, Fee Switch Plans Advance

GateNews
ENA-0,17%
USDE0,01%

Gate News bot message, Ethena’s USDe stablecoin has reached a significant milestone with its supply hitting $12 billion, according to DLNEWS. Following this achievement, the protocol is now advancing its plans for implementing the fee switch mechanism.

The protocol’s native token $ENA currently maintains a market capitalization of $4.53 billion. Source: BWENEWS AI.

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