StablecoinX bets on Ethena ecosystem with Nasdaq debut

60-second summary

StablecoinX is betting on the Ethena ecosystem with its Nasdaq debut, a move that highlights the growing adoption of decentralized finance. USDe's circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion, indicating a potential shift towards more stable and secure stablecoins, which could impact the broader market's perception of digital assets.