USDe Supply Drops Below 2.7 Billion, Down Around 25.5% From Peak
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September 8, 2024
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Ethena Stablecoin Supply Drops by 25.5%
According to Mars Finance, as of September 7th, Ethena's website data showed that the USDe supply had dropped to 2.69 billion, a decrease of approximately 25.5% from its peak of 3.61 billion in early July. Furthermore, the Ethena protocol's reserve fund remains at $46.61 million.
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