StablecoinX Inc. @stablecoin_x has announced a $360 million capital raise to purchase $ENA and will seek to list its Class A common shares on the Nasdaq Global Market under the ticker symbol "USDE", which includes a $60 million contribution of ENA from the Ethena Foundation Equity markets will now have direct access and exposure to the most important emerging trend in all of finance: The growth of digital dollars and stablecoins. To bootstrap its acquisition strategy, StablecoinX Inc. will use all of the $260 million cash proceeds from the raise (less amounts for certain expenses) to buy locked ENA from a subsidiary of the Ethena Foundation. Starting today, the Ethena Foundation subsidiary (via third-party market makers) will use 100% of the $260 million cash proceeds from the token sale to strategically purchase $ENA across publicly traded venues over the coming weeks, further aligning the Foundation’s incentives with those of StableCoinX shareholders. The planned deployment schedule is approximately $5m daily from today over the course of the next 6 weeks. At current prices $260m represents roughly 8% of circulating supply. Importantly, the Ethena Foundation has the right to veto any sales of $ENA by StableCoinX at its sole discretion. Ideally, tokens will never be sold with a sole focus on accumulation. To the extent StableCoinX subsequently raises capital with the intent of purchasing additional locked ENA from the Ethena Foundation or its affiliates, cash proceeds from those token sales are planned to be used to purchase spot $ENA. StableCoinX's treasury strategy is a deliberate, multi‑year capital allocation strategy that will enables StableCoinX to capture the enormous value of the secular surge in demand for digital dollars while compounding ENA per share to the benefit of shareholders.

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The growth profile for USDe has always been non-linear and hard to forecast with periods of parabolic expansion, followed by months of flat or bleeding supply that sets higher lows through time USDe supply is back into growth for the first time in ~3 months with $300m added in the last few days to get back to ~$5b The last growth period for USDe in October last year added ~$4b of supply in under 8 weeks where inflows outpaced the majority of BTC ETFs and all ETH ETFs combined That period of growth was with a fraction of the current distribution channels we have put in place since then I expect this next leg up will be more violent than the last

.@sophon is a game-changer for Layer 2 fans ✨ A lifestyle, entertainment & gaming-focused L2 that’s: ✅ Gasless ✅ Google/Apple login—no wallet stress ✅ Built to scale The numbers don’t lie 🤓👇 🔹 Bridge Deposits: $105.6M (+29.5% MoM) 🔹 TVL: $16.67M (+204.8% MoM) 🔹 Users: 56,661 (+398% YTD) 🔹 Transactions: 55.8M (+178% YTD) 🔹 Backed by the big boys: @TheSpartanGroup @Maven11Capital @OKX_Ventures @SevenXVentures @yzilabs 🔹 Nodesale over $66M 🔹 Rapidly expanding ecosystem And oh… MAINNET IS LIVE! 🚨 Stay tuned for a guide on how to dive in 🔥

Ep. 20 of @TokenizedPod: Ripple USD, Stablecoins & Custody Ft. @Ripple President @MonicaLongSF 🔷 @sytaylor sits down with Monica to discuss: 02:15 Ripple’s dual focus: enterprise software & XRP Ledger 05:00 How Ripple powers cross-border payments with stablecoins 08:48 Ripple’s custody play: Metaco & major bank partnerships 13:16 Why Ripple launched its own stablecoin, RLUSD 16:53 U.S. crypto regulations shift—what it means for adoption 22:29 Tokenized assets & stablecoins are reshaping finance 27:00 XRP ETFs: why more approvals could be coming 33:28 Ripple’s next moves: expansion, execution, and M&A 39:34 The future of XRP Ledger & institutional finance Watch and enjoy below! 👇 Links to YouTube & Podcasts also below ⬇️