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SHOCKING! $530 MILLION BOOST FOR STABLECOIN FRENZY!
StablecoinX and TLGY Acquisition Spark Explosion in Digital Assets!
In a jaw-dropping turn of events, StablecoinX and TLGY Acquisition have raked in an extra $530 MILLION in financing, skyrocketing total commitments to an eye-popping $890 MILLION! This monstrous cash influx comes just in time for their BLOCKBUSTER merger and Nasdaq listing.
Brace yourselves: the newly combined powerhouse will be known as StablecoinX Inc. and is primed to hold more than 3 BILLION ENA tokens! That’s right, folks—the native token of the revolutionary Ethena protocol. This is more than just a business; it’s a historical leap into the crypto cash kingdom!
🚨 PIPE DREAM TURNED REALITY: NEW INVESTORS JUMP ON BOARD!
The sensational capital surge came through a private investment in public equity (PIPE) deal. This slick move lets public companies raise funds by offloading shares at discounted prices. Among the eager beavers investing are YZi Labs, Brevan Howard, and Susquehanna Crypto, plus a roster of familiar faces like Dragonfly and ParaFi Capital.
This wild PIPE deal is set at $10 PER SHARE, with some funds dedicated to snagging locked ENA from a foundation subsidiary—this is not just talk; it’s smart finance maneuvering!
Marc Piano of the Ethena Foundation declared, “This extra funding strengthens ecosystem resilience, deepens ENA liquidity, and fuels the unstoppable growth of USDe and USDtb!” Buckle up; the future is bright for Ethena!
🚀 ETHENA STABLECOIN BREAKS RECORDS LEFT AND RIGHT!
Launched just earlier this year, the Ethena protocol is making headlines by unleashing synthetic dollar stablecoins like USDe and USDtb, backed by a revolutionary delta-neutral hedging model that shakes up traditional reserves!
Watch out, world! The latest report shows USDe has shattered records by becoming the fastest stablecoin to soar past $10 BILLION in supply! Hard to believe? Well, it hit a staggering $12.6 BILLION in less than ten months—leaving Tether’s USDT and Circle’s USDC in the dust!
With a jaw-dropping 31% growth in just a month, Ethena is now the THIRD-LARGEST stablecoin issuer—only behind Tether and Circle. And if you think that’s it, it’s also generated over $500 MILLION in cumulative revenue, recently scoring over $13 MILLION in weekly earnings. That kind of cash isn’t just impressive; it’s explosive!
🔥 ETHENA IS HEATING UP: Get Ready for Global Domination!
The world is watching as Ethena pushes boundaries and eyes compliance with the new US GENIUS Act. With President Trump backing the legislation, Ethena’s fiat-backed stablecoin, USDtb, is gearing up for compliance perfection!
Hold onto your wallets; the race for global stablecoin dominance has officially heated up! What does this mean for the future of crypto? One thing’s for sure: STRAP IN for the ride of your life!
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