It is customary for the ethena usde, as it seemed that the artificial stablecoin seemed to overcome the storm caused by market fluctuations from the threats of the White House trade war.
Usde differs from Stablecoins USDC from this circle because it is the synthetic stablecoin and not supported by Fiat assets in a rat Value.
USDE spent most of the trading day on Monday keeping it to $ 1, with short declines to $ 0.999. Data from Coingecko He explains that the maximum Stablecoin market has exceeded $ 6 billion, up from about $ 5.7 billion per week.
Funding rate also She remained positive According to data on the chain. The financing rates are decisive to maintain the connection of the dollar with dollars and manage the market balance.
A positive financing rate indicates that long job holders pay a symbolic fee for short positions. This indicates a slightly ups in the ups of the market.
Another reason that makes Usde has maintained its connection is due to the natural attention that carries the distinctive symbol, which is currently pushing APY by 10 %, which has been stable over the past thirty days According to the dashboard One of the sand dune analyzes.
Last year, some concern about the size of the Revina Fund in Ethaina for the United States of America, while highlighting Cryptoquant House Cryptoquant that the fund may not be sustainable for more than $ 4 billion.
However, this reserve box grew in proportion to the maximum USDE market, and It is 46.6 million dollars At the end of Q4 2024.
Safe Cross Market Mass?
Usde stability in addition to the bearing appeal of the return means that investors can resort to the distinctive symbol. Arthur Hayes, the chief investment employee in the MALSTROM digital investment fund and co -founder of Bitmex, who is expected to slip BTC to $ 75,000 in the coming weeks, has a record exposure to USDE.
“Maelstrom has sparked Staped Ethena $ USDe, which is carried by registration levels and continues to make profits in many situation,” said Hayes at A. Blog post Last week.
“We are still very long, but if my feeling is correct, we will be placed in abundant quantities of dry powder ready to buy Dip on Bitcoin and Diga Mega on many quality.” Hayes is an investor in and a consultant to Ethina.
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