In May, stablecoins quietly set a new record. Total market cap climbed to $320 billion, even as headline crypto prices chopped and risk appetite felt tentative. At the same time, stablecoin activity on major centralized […]
Ethena’s synthetic dollar, USDe, has been one of the most-watched experiments in crypto. A recent pullback in USDe’s circulating supply raised an obvious question: is Ethena’s momentum—and the ENA token’s narrative—starting to fade? This article […]
Stablecoins used to be treated as the quiet utility layer of crypto. Traders used them to move between volatile assets, DeFi users used them as collateral, and exchanges used them as dollar-like settlement rails. In […]
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