Ethena's $12 Billion USDe Launch on Binance - Why Smart Money Is Buying

Ethena just launched USDe on Binance, and it's already sitting pretty as the third-largest stablecoin with a $12 billion supply. That's not pocket change - it's bigger than some countries' GDP and apparently more stable than your last relationship.

What makes this particularly interesting is that USDe isn't backed by boring old dollars sitting in a bank vault. Instead, it's the largest "synthetic" stablecoin, which sounds fancy but really means it uses clever financial engineering to stay pegged to the dollar. Think of it as the stablecoin equivalent of plant-based meat - it looks and tastes ...