X @Token Terminal 📊
Token Terminal 📊·2025-08-05 16:06
RT David Alexander II (@Mega_Fund)One massive shift that has been under-indexed is the ascension of @ethena_labs $USDe. Circulating supply has now grown by a staggering 78% in just two weeks to reach a new all-time high of $9.5B.This makes USDe the 3rd largest stablecoin in the entire space, behind only Tether ($165B) and Circle ($64B).Onchain activity is soaring as well:68,000+ transfers per week$19B in volume27,000 unique usersAll at record highs.h/t @tokenterminal ...