PANews reported on May 13 that according to Ethena Labs, USDe has enabled E-Mode on Aave, with a maximum LTV of 90%, and the global lending limit has been completely lifted. The supply limit of USDe has been raised to about $1 billion, with $500 million remaining. The upper limit of sUSDe has returned to $1.5 billion, with $400 million available at present; the PT product increased to $550 million and $340 million in May and July respectively, and the new PT will be launched next week. USDe anchors the USDT price source to reduce liquidation risks. The current annualized yield of sUSDe is about 8%, the PT yield is 10%+, and the borrowing rate remains at about 5%.
Ethena launches multiple updates, Aave integrates USDe series assets and is nearly fully invested
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Circle: Native USDC is launched on Sonic, supporting cross-chain liquidity protocol CCTP V2
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Save destroyed 50 million SAVE tokens, accounting for 50% of the total supply
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The latest developments in the stablecoin sector: USDT’s market value exceeds $150 billion for the first time, competition between financial and technology giants is fierce, and Tether and Circle cons
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Huobi HTX updates Merkle tree reserve proof for May: reserve ratios of eight major assets are all above 100%, USDT reserves increase by more than 30%
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The total subscription amount of Gate.io Launchpad's first project Puffverse (PFVS) exceeded 20 million USDT
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Binance will launch ZKJUSDT and SKYAIUSDT perpetual contracts