Browsing: USDe

StablecoinX secures $890 million in financing for Ethena’s ENA treasury, highlighting growth in synthetic stablecoins and corporate crypto adoption amid regulatory changes like the U.S. GENIUS Act.

Mega Matrix’s $2 billion shelf registration for Ethena’s synthetic stablecoin highlights corporate crypto adoption trends, driven by regulatory changes and yield opportunities, but carries high risks in a volatile market.

StablecoinX announces its public listing through a SPAC merger with TLGY Acquisition Corp., raising $360 million to bolster the ENA treasury and marking a significant step in crypto’s integration with traditional finance.