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The market capitalization of USDe has surpassed 9.2 billion USD, making it the third largest stablecoin.
According to DeFiLlama data, the market capitalization of Ethena's synthetic stablecoin USDe has reached $9.293 billion, with a monthly increase of 75.13%. USDe is currently the third largest stablecoin by market capitalization, after USDT and USDC.