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by: xpoolPosted on: June 4, 2025

MEXC Drives Stablecoin Expansion: $20M USDe Investment Fuels Growth

MEXC, a prominent cryptocurrency exchange, is bolstering its long-term strategy by investing in stablecoins and driving industry growth. Its recent commitment of $20 million to Ethena’s USDe stablecoin has led to significant market impact. This investment follows a substantial move where MEXC acquired $16 million in Ethena funding to support the development of innovative stablecoins.

Related posts:

  1. Ethena’s USDe Drives USDT Demand, Raises Questions About Stablecoin Competition
  2. Binance Emerges as Stablecoin King, Controlling 59% of Global Reserves
  3. Binance Dominates Crypto Exchange Landscape with High Stablecoin Reserves & Inflows
  4. Binance Holds Dominant Position in Stablecoin Market
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