🔍Market Summery

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Standard Chartered sees Ethena’s USDe reaching $40B, ENA hitting $2

Standard Chartered sees Ethena’s USDe reaching $40B, ENA hitting $2

British multinational bank Standard Chartered expects Ethena’s USDe stablecoin supply to grow eightfold to $40 billion by the end of 2028 as the protocol expands its sources of yield beyond crypto markets.In a Wednesday research report shared with Cointelegraph, the bank initiated coverage of Ethena…