Athena’s USDE Sees Market Cap Drop $770M In Less Than 2 Months

Based on the latest data, Athena’s yield-generating stablecoin, USDE, has experienced a dramatic drop in supply since July 4, 2024. In less than two months, its market cap has dropped by $770 million . Athena’s USDE supply drops as competition heats up From August 23 to August 30, the stablecoin economy expanded from (…)