USDT Gains $5B While Rival Stablecoins Bleed — Net Stablecoin Growth Near Zero
inside USDT rather than lifting the overall market. Ethena's USDe has been the hardest hit, dropping
11 stories mentioning it. Newest first.
inside USDT rather than lifting the overall market. Ethena's USDe has been the hardest hit, dropping
redeemed rival. The sharpest structural story sits with Ethena's USDe, down 28% in the past month
dedicated institutional-grade lending market for USDe, Ethena's synthetic dollar, built on Solana. The market is designed
220M $USDC (≈219.9M) moved from #Paxos to #Ethena
205M $USDC (≈205M) moved from #Ethena to #Paxos
fast. Not everyone is leaving. Major assets including Ethena's USDe, Etherfi's weETH, and Bitgo's WBTC
310M $USDC (≈310M) moved from #Ethena to unknown wallet
222M $USDT (≈222M) moved from #Ethena to unknown wallet
Aerodrome Finance (AERO) and the addition of Ethena (ENA) to the DeFi Fund
absorb it. Smaller unlocks from Audiera ($11.02M), Ethena ($10.06M), and PlaysOut ($8.13M) round
early investors or team allocations are involved. Ethena and Audiera round out the week