In just over a year, Ethena has propelled its stablecoin USDe to nearly $6 billion in supply, making it one of the fastest-growing dollar-denominated assets in crypto. This success stems from a strategic focus on four core growth vectors: Telegram integration, onboarding TradFi capital on-chain, deep DeFi integrations, and CEX adoption. Together, these initiatives are advancing Ethena toward its $25 billion supply target.1. Telegram Integration: Access to 1 Billion UsersThrough its partnershi...

In just over a year, Ethena has propelled its stablecoin USDe to nearly $6 billion in supply, making it one of the fastest-growing dollar-denominated assets in crypto. This success stems from a strategic focus on four core growth vectors: Telegram integration, onboarding TradFi capital on-chain, deep DeFi integrations, and CEX adoption. Together, these initiatives are advancing Ethena toward its $25 billion supply target.1. Telegram Integration: Access to 1 Billion UsersThrough its partnershi...