Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand Post author:MiamiCrypto Post published:December 3, 2025 Post category:Uncategorized 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. You Might Also Like How euro stablecoins could address EU’s dollar concerns November 19, 2025 Ethereum holders back in profit as ETH price enters ‘crucial area’ for $3K breakout May 21, 2025 Venture capital year in review 2021: Cointelegraph Research Terminal April 8, 2022