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Ethena founder: USDe supply surges, Aave integration and CEX support as collateral will drive supply demand

2024-11-15 11:46

BlockBeats News: On November 15th, Ethena Labs founder Guy Young stated on social media that the supply of USDe has begun to show a parabolic growth, with over $700 million in new supply added in the past three weeks, surpassing the total supply of PayPal's PYUSD or BUIDL. The Aave integration announced today is expected to provide billions of dollars in supply demand for USDe within the next month. In addition, the collateral listings of two new centralized trading platforms will be launched within next week.

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