StablecoinX completes business combination with TLGY Acquisition Corp, plans Nasdaq listing under ticker USDE
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Promote with Leviathan NewsUSDe is already a ~$4.47B synthetic dollar across 28 chains, and a Nasdaq $USDE wrapper gives Ethena a TradFi reflexivity channel that ENA alone never had. StablecoinX’s multi-year ENA treasury strategy means public-market demand can become balance-sheet bid for the governance token while the product’s economics still ride funding/basis spreads, liquid stable backing rewards, and staked ETH yield. If perp carry compresses or flips, equity holders may discover they bought a cleaner-looking proxy for a very crypto-native basis trade.
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