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BTC
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USDT
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•
News
Significance:
7/10

Ethena’s USDe stablecoin surges to $12 billion supply, fueled by leveraged yield loops on Pendle and Aave

https://www.theblock.co/post/368677/ethenas-usde-stablecoin-surges-to-12-billion-supply-fueled-by-leveraged-yield-loops-on-pendle-and-aave

•
Stablecoins
DeFi
•
Brandon Kae, Ivan Wu
•
The Block

Mentions

Organizations

Sentiments

Target
Sentiment
Comment
USDeUSDE
Bullish
The article highlights the rapid growth and strong adoption of USDe, positioning it as a competitor to USDC and USDT.
Aave
Bullish
Aave's role in enabling leveraged yield loops is presented as a key driver for USDe's growth.