Blockchain News Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand December 3, 2025 Ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. About The Author coinmaker See author's posts Post navigation Previous: Bitcoin traders hit peak unrealized pain as ETFs start to turn positiveNext: BOB Skyrockets Over 120% After South Korea’s Bithumb Exchange Listing More Stories Blockchain News Chainalysis sues US over $95M ICE contract with TRM Labs August 16, 2026 Blockchain News Neutrl pauses NUSD redemptions over undisclosed reserve issue August 14, 2026 Blockchain News Figure reports $4.3B in loan marketplace volume as profit nearly triples August 13, 2026