Total Issuance of USDe Surpasses $3 Billion Milestone
CryptoNewsTerminal Staff01 Jun, 2024
Total Issuance of USDe Surpasses $3 Billion Milestone
The issuance of USDe, a dollar-pegged stablecoin issued by Attena Labs, has crossed the $3 billion mark according to data from Etherscan. At the time of writing, the circulating supply of USDe stands at approximately $3,001,513,316. The growing popularity of USDe is attributed to its stability and reliability. As a dollar-pegged stablecoin, USDe is designed to maintain a 1:1 peg with the US dollar, making it an attractive option for investors and traders seeking a stable and secure store of value. The recent surge in issuance suggests growing confidence in USDe and its underlying technology. As the demand for stablecoins continues to rise, USDe is well-positioned to capture a significant share of the market.
