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The supply of USDe has rebounded to over 3 billion coins, and the current stablecoin staking APY is 29%

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Odaily Planet Daily News: Etherscan data shows that the supply of stablecoin USDe issued by Ethena Labs has returned to over 3 billion, currently around 3032938419. The reason for the rebound in USDe supply can be attributed to the soaring funding rates in the contract market. According to data from Ethena's official website, the average APY of sUSDe (pledged USDe) has risen to 29% in the past week.

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