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USDe Supply Exceeds 12 Billion, Reaching Historic High with Passage of 'GENIUS Act' Driving Increase in Yield Stablecoin Supply

Summary: According to official website data, the supply of the stablecoin USDe issued by Ethena Labs has exceeded 12 billion, currently around 12.3 billion, reaching a historic high. It is worth noting that on July 17, the supply of USDe was 5.33 billion, with the passage of the 'GENIUS Act' driving a significant increase in yield ...

According to official website data, the supply of the stablecoin USDe issued by Ethena Labs has exceeded 12 billion, currently around 12.3 billion, reaching a historic high.

It is worth noting that on July 17, the supply of USDe was 5.33 billion, with the passage of the 'GENIUS Act' driving a significant increase in yield stablecoin supply, with the USDe supply nearly doubling in almost 40 days.

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