StablecoinX’s $275M ENA Treasury Sends USDE to Nasdaq in Historic Stablecoin Debut

1 month ago 12

Rommie Analytics

Key Takeaways:

StablecoinX has merged with TLGY and is scheduled to start trading on the Nasdaq under the code USDE.
The company owns approximately 3.03 billion ($275 million worth) ENA tokens, placing it among the top public holders of ENA tokens.
StablecoinX will become the backbone of the Ethena stablecoin network and traditional capital markets.

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