Source: Ethena, which runs the USDe stablecoin, marketed as a "synthetic dollar" with a 9% yield and almost $6B in circulation, raised $100M in December 2024 (Ryan Weeks/Bloomberg)
Ryan Weeks / Bloomberg: Source: Ethena, which runs the USDe stablecoin, marketed as a “synthetic dollar” with a 9% yield and almost $6B in circulation, raised $100M in December 2024 — - Ethena raised capital through a private sale of ENA tokens — The project's stablecoin USDe is now among the world's largest


Ryan Weeks / Bloomberg:
Source: Ethena, which runs the USDe stablecoin, marketed as a “synthetic dollar” with a 9% yield and almost $6B in circulation, raised $100M in December 2024 — - Ethena raised capital through a private sale of ENA tokens — The project's stablecoin USDe is now among the world's largest