🚀 2025 is the year of stablecoins, and the most overlooked potential stablecoin in the market is --- @ethena_labs @ethena_labs is diversifying and actively embracing traditional finance, with new airdrops in the ecosystem that can be anticipated. When interest rate cuts arrive, the @ethena_labs ecosystem will experience significant growth. 📈 @ethena_labs USDe market cap has risen significantly Compared to the same period last year: growth of 65% (from 3.485 B → 5.306 B) Airdrop opportunities 1️⃣ @etherealdex: A decentralized exchange based on $USDe (has committed to airdropping 15% of tokens to $ENA stakers) 2️⃣ @Terminal_fi (the most important ecosystem layout in 2025): A settlement network combining traditional finance and digital assets, allowing trading of traditional finance and crypto assets in the future (just a heads up: you can deposit and stake to earn related points, so get in early 🤫) 👇 @ethena_labs is the most overlooked dark horse in the stablecoin race.

👀 While everyone is focusing on the "Genius Act" and @circle, many may overlook that $ENA is also a strong player in the stablecoin arena. According to a tweet from @0xTindorr: "When market interest rates start to decline and the market favors risk assets, leading to an increase in funding rates, @ethena_labs will gain more revenue, while @circle will see a decrease in their income, as they rely solely on the yield of U.S. Treasuries for revenue." Looking back to December 2024 when interest rates were cut, the funding rate for $BTC soared to 15%. 👉 @ethena_labs made a profit of 90 million dollars that month. 🌟 The probability of a rate cut in September is at 25 percentage points, reaching 66.2%. There is already a precedent from December 2024. If the market indeed improves as expected, @circle will be impacted, while @ethena_labs will benefit.