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 Mt. Gox transfers $1B in Bitcoin in third major BTC move this month March 25, 2025 Goldman Sachs buys Innovator for $2B, adding a Bitcoin-linked ETF to lineup December 1, 2025 Bitcoin plunges 6% as Trump’s crypto reserve falls short of hopes March 7, 2025