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Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand

POL December 3, 2025 1 minute read

Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand

Ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. Cointelegraph.com News Read More

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