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by: xpoolPosted on: May 28, 2025

USDe Stablecoin Enters New Growth Phase, Exceeding $1 Billion Mark

Ethena’s USDe stablecoin has entered its fifth expansion phase, achieving a net creation of $547 million in May 2025. This new cycle, known as Phase 5, marks the latest development in a pattern of growth and contraction observed over the past year. Data from Entropy Advisors reveals three clear cycles: issuance surges followed by redemptions.

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  4. Court Halts $57M USDC Linked to LIBRA Memecoin Scandal
Cryptocurrency Stablecoin USDe

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