USDe Supply Don Hit All-Time High of $12 Billion
Ethena Labs yan tell for Twitter say di USDe supply don reach $12 billion, wey carry new record. Dis stablecoin market cap cross $10 billion about 500 days after dem launch am. Di growth for USDe supply show say demand for USD-pegged tokens dey grow and liquidity for DeFi dey expand. Traders suppose dey watch supply metric and how e dey adopt as sign for market health and chance to make better profit. If USDe supply dey increase steady, e fit push capital flow enter Ethena ecosystem and help hold ground for wider crypto market stable.
Bullish
Di increase for USDe supply reach $12 billion mean say demand for stablecoins don dey high and DeFi liquidity dey grow. Historically, wen big stablecoin supply (like USDT) dey expand, crypto markets dey usually get bullish momentum because capital availability dey better. For short term, dis record supply fit boost trading volumes and altcoin rallies as more USD-pegged tokens dey circulate. For long term, steady growth for USDe supply fit make am strong for Ethereum-based finance, attract more investment, and help market stability.