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The supply of USDe has rebounded to over 3 billion coins, and the current Stable Coin stake APY is 29%.
Odaily Planet Daily News Etherscan data shows that the supply of the Stable Coin USDe issued by Ethena Labs has returned to over 3 billion coins, currently about 3,032,938,419 coins. The reason for the increase in USDe supply can be attributed to the skyrocketing funding rate in the futures market. According to the data on the Ethena official website, the average APY of sUSDe (stake USDe) has risen to 29% over the past week.