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USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead Bitcoin.com 03 Sep 2024

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead 📉

stablecoins FDUSD USA USDe

Current stablecoin metrics indicate that USDE, known for its yield-bearing properties, has fallen to fifth place among the top U.S. dollar-pegged tokens by market capitalization.

Ethena's USDE supply has decreased by 130 million over the past three days.

This has allowed First Digital's FDUSD to jump into the fourth place among stablecoins.

Source: news.bitcoin.com ↗

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