ARK Invest: USDe supply could reach $30–40B within 12–18 months
- —USDe supply fell to $3.8B, then rebounded about 30% to near $5B
- —Basis trades recovered to roughly 20% of USDe collateral
- —Valente sees a clear path to expanding supply above $20B
- —Driver is growth in tokenized equity trading and its funding rates
Why it matters: A larger USDe would intensify competition in yield-bearing stablecoins and lift demand for ENA and related protocols.
Source: TokenPost