Tag: Ethena Labs

Stablecoin Trading Volume Soars to $1.8 Trillion in November 🚨

Amid the ongoing crypto bull run, stablecoins are breaking records! November saw trading volumes hit $1.8 trillion, fueled by institutional confidence and market momentum. However, the cybercrime and drug businesses also fuel the stablecoin usage. Tether and Circle dominate the space, but newer players like Ethena Labs' USDe are catching attention.