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MEXC, the leading global Cryptocurrency Exchange, announced on Wednesday that it has made a whopping 20 million dollars investment in $USDe in order to drive the stablecoin adoption.
Ethena ’s synthetic dollar stablecoin, USDe, is the third -largest stablecoin by market capitalization after Tether and USD Coin.
USDe maintains its peg to the U.S. dollar via an automated delta-hedging strategy.
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