Market capitalization of USDe surpasses $500 million.

According to BlockBeats news on February 28th, the market capitalization of the stablecoin USDe issued by Ethena Labs has exceeded 500 million US dollars, currently reporting 500.23 million US dollars. USDe is a stablecoin based on Ethereum, collateralized by derivatives, and achieves price stability through "delta-neutral" hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use US dollars, ETH, or liquidity collateral tokens as collateral.