Ethena Founder: USDe Supply Surge, Aave Integration, and CEX Support as Collateral to Drive Supply Demand

BlockBeats News, November 15th, Ethena Labs founder Guy Young stated on social media that the supply of USDe is beginning to show parabolic growth, with over $700 million in new supply added in the past three weeks, surpassing the total supply of PayPal's PYUSD or BUIDL.

An Aave integration expected to be announced today will provide billions of dollars in supply demand for USDe in the next month. Furthermore, listings of collateral on two new centralized exchanges are set to launch within the next week.