Ethena Founder: Surge in USDe Supply, Aave Integration and CEX Support as Collateral Will Drive Supply Demand

ChainCatcher news, Ethena Labs founder Guy Young stated on social media that the supply of USDe has begun to show parabolic growth, with over $700 million in new supply added in the past three weeks, surpassing the total supply of PayPal's PYUSD or BUIDL.

The Aave integration expected to be announced today is projected to provide billions of dollars in supply demand for USDe within the next month. Additionally, the listing of collateral on two new centralized exchanges will be launched next week.