BitMEX co-founder believes this stablecoin could flip Tether one day

Oluwapelumi Adejumo

Ethena, the protocol powering the USDe synthetic dollar, raked in $6.53 million in fees over the last 24 hours, cementing its position as the top fee-generating decentralized application (dApp) in the crypto space, according to data from DeFillama. Seraphim Czecker, Ethena Labs’ Head of Growth, shared insights from Token Terminal, affirming the project’s remarkable milestone. […]

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BitMEX co-founder believes this stablecoin could flip Tether one day