Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy
![Yield Chasers Propel Ethena’s USDE to $4.12B Market Cap in the Bull Market Frenzy](https://definews.app/wp-content/uploads/2024/12/Yield-Chasers-Propel-Ethenas-USDE-to-412B-Market-Cap-in.jpg)
Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing stablecoins have steadily carved out a significant role in the market, with Ethena’s USDE now […]
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