Seems as though the DAT phenomenon is quite divisive, wanted to share some thoughts on why we thought this was a worthwhile pursuit:

Celebrating the small wins in life… 7 billion dollars, sUSDe at 12% USDtb on track to become the first GENIUS compliant stable [REDACTED]

It is now obvious that the growth of digital dollars and stablecoins is not only the most important story in crypto, but all of finance. There are hundreds of billions in latent TradFi demand for crypto exposure, but this demand is primarily focused on a narrow subset of themes: BTC, ETH & stablecoins. The launch of StablecoinX will provide the first pure play exposure for equity investors to the fastest growing company in the most important thematic trend in crypto: digital dollars upgrading money into the internet era and eating all of finance in the process.

USDe supply is back to all-time-highs >$6,000,000,000 We are now entering supply discovery, please fasten your seatbelts

sUSDe APY: 10% ✨ For the first time since January, sUSDe APY is back to double digits Setting a new benchmark rate for the industry, there are plenty of Ethena opportunities to take advantage of today

Introducing Strata A risk tranching protocol built on @Ethena_Labs, offering structured products on USDe and other Ethena-powered assets, designed to deliver risk-optimized crypto-native returns. Building on @ConvergeOnChain (Ethena x @Securitize x @Arbitrum) Let's dive in 👇

$ENA is listed on Upbit @upbitglobal, the largest South Korean exchange $ENA has been listed on the Upbit won market. We are very happy to be listed on major Korean exchanges again

As of today, dollar holders can earn up to 15% APY via Wallet in Telegram @wallet_tg This gives Telegram’s 1 billion users, and TON's ~$750m dollars on chain, direct access to savings functionality Telegram users today primarily access crypto through Wallet in Telegram, with over 100 million signups to date

Introducing @Terminal_fi — the marketplace for institutional asset trading, powered by reward-bearing dollars including @ethena_labs's sUSDe. Terminal is the @convergeonchain liquidity hub designed for institutional assets and digital dollars.

A brief selection of many more stablecoin headlines from the past quarter - Apple - Amazon - Google - X - Uber - Bank of America - and more All working on digital dollars Now which digital dollar protocol can offer structurally better returns on backing than T-bills and allow users to keep upside?