USD Ethena, also known as $USDe, first launched on Ethereum but has since expanded to multiple blockchains due to its rapidly growing market cap. This expansion wasn’t arbitrary—it was necessary for broader adoption.



Unlike USDT, which has faced regulatory scrutiny in the US, USDe offers a synthetic dollar alternative. USDC is another stablecoin option, but its usage is heavily concentrated on Solana. USDe, with its $7.44B market cap, stands out by incentivizing users through the Ethena Points program, helping drive further growth.

Recently, USDe was listed on STONfi, the leading DEX on the TON blockchain. The Ethena Points program is now active in the USDT/USDe pool, and thanks to stableswap mechanics, users benefit from minimal slippage when swapping stablecoins.
ENA-5.72%
USDE-0.03%
ETH-2.67%
IN-14.26%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)