Ethena's USDe Supply on Avalanche Jumps 211% in 30 Days to Over $20M
- —USDe supply on Avalanche tops $20M, up 211% in 30 days
- —On-chain supply stood at about $5.77M as of Sept. 14, 2026
- —Total USDe supply fell from $15B peak to about $4.94B
- —Ethena Pay beta runs in 48 countries with up to 6% yield
Why it matters: The growth adds another dollar-denominated asset to Avalanche's DeFi base, though it remains small relative to USDe's overall supply.
Source: Cryptonews.net