Ethena stablecoin: StablecoinX and TLGY raised $530 million via a PIPE to expand the ENA reserve, bringing total commitments to $890 million to buy ENA, boost liquidity and support USDe
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CoinOtagEthena stablecoin: StablecoinX and TLGY raised $530 million via a PIPE to expand the ENA reserve, bringing total commitments to $890 million to buy ENA, boost liquidity and support USDe

Latest news and analysis from CoinOtag

In a recent CNBC interview, Jeremy Allaire outlined dollar-priced fees, fast finality, and privacy for Arc, while pointing to rising USDC use in emerging markets.

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability....

The latest data from defillama.com shows the stablecoin market didn’t skip a beat in October, climbing 2.47% even after trimming $1.84 billion in the past week. Tether ( USDT) was the main heavyweight...