Ethena's USDe Crosses $10B Supply on Yield-Bearing Demand
The synthetic dollar has grown into one of the largest stablecoins on-chain, defying earlier scepticism around its delta-neutral funding model.
Sebastian Cole//Jul 8, 2025//5m
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The synthetic dollar has grown into one of the largest stablecoins on-chain, defying earlier scepticism around its delta-neutral funding model.
Quarterly venture investment in crypto startups has crossed $4 billion for the first time since 2022, led by infrastructure, payments, and stablecoin-rail bets.