Ethena USDtb supply increased by 1.3 billion USD in one month, surpassing PYUSD.

GateNews

2025-04-03 01:46:45

ENA1,22%

According to the Gate.io News bot, data from Artemis shows that the supply of Ethena USDtb has risen to $1.3 billion in the past month, ranking second in terms of growth among stablecoins, second only to Circle USDC. The data indicates that the current supply of USDtb has surpassed the PYUSD issued by PayPal and is close to the FDUSD issued by First Digital Labs.

According to reports by Wu, 90% of the reserve assets of Ethena USDtb are supported by BlackRock’s BUIDL fund.

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