Data: USDe issuance has exceeded 2.29 billion

BlockBeats reported that on May 5, according to Etherscan data, the issuance of USDe, a stablecoin issued by Ethena Labs, has reached 2,292,060,769.

It is reported that USDe is an Ethereum-based stablecoin, secured by derivatives, which achieves price stability through "delta neutral" hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use US dollars, ETH or liquid pledge tokens as collateral.