USDe issuance is nearly 2.3 billion

According to Etherscan data reported, the stablecoin USDe issued by Ethena Labs has reached a circulation of 2,292,060,769. USDe is a stablecoin based on Ethereum, which is collateralized by derivatives and achieves price stability through delta-neutral hedging in centralized and decentralized venues. To create USDe, Ethena allows users to use USD, ETH, or liquidity collateral tokens as collateral.