Ethena’s ENA holders set for cut of revenue as USDe locks in top-three spot

Ethena’s synthetic stablecoin USDe has vaulted into the top tier of the digital dollar market, overtaking DAI and USDS to claim the third spot by market capitalization in the stablecoin ladder. The rise in adoption, coupled with progress on governance milestones, has brought Ethena’s long-anticipated “fee switch” closer to reality, as this will allow ENA […]

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