Ethena's synthetic USDe contracts sharply as dollar-backed stablecoins expand

Ethena's USDe USDe - $0.999161330335300 shed 24% of its supply in November, losing market share as fiat-backed stablecoins like USDT, USDC, PYUSD PYUSD - $0.999671886181750 and RLUSD RLUSD - $0.999765890909510 added billions.

Source: cointelegraph.com

Related symbols: ENAUSD

2025-12-03 10:03:01 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $0.999161330335300

Volume 24h: $69,388,417.92

Market Cap: $6,343,150,104.07

Description

USDe (USDE) is a cryptocurrency . USDe has a current supply of 4,665,366,360 with 0 in circulation. The last known price of USDe is 1.0107969 USD and is down -0.45 over the last 24 hours. It is currently trading on 27 active market(s) with $523,498.56 traded over the last 24 hours. More information can be found at https://arawtoken.vip.

Price & Market Data

Price: $0.999671886181750

Volume 24h: $75,938,581.96

Market Cap: $3,665,018,947.98

Description

PayPal USD (PYUSD) is a cryptocurrency launched in 2023and operates on the Ethereum platform. PayPal USD has a current supply of 3,578,967,045.4835792. The last known price of PayPal USD is 0.99950262 USD and is down -0.01 over the last 24 hours. It is currently trading on 143 active market(s) with $56,124,250.72 traded over the last 24 hours. More information can be found at https://www.paypal.com/pyusd.

Price & Market Data

Price: $0.999765890909510

Volume 24h: $84,121,572.33

Market Cap: $1,335,818,473.18

Description

Ripple USD (RLUSD) is a cryptocurrency and operates on the XRP Ledger platform. Ripple USD has a current supply of 0. The last known price of Ripple USD is 1.00176615 USD and is up 0.02 over the last 24 hours. It is currently trading on 1 active market(s) with $510,408.99 traded over the last 24 hours. More information can be found at https://ripple.com/solutions/stablecoin/.