By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AdkhabarAdkhabarAdkhabar
Notification Show More
Font ResizerAa
  • Home
  • Automobile
  • Entertainment
  • Esports
  • Food
  • Health
  • Life Style
  • News
  • Technology
  • Travel
Reading: MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone
Share
Font ResizerAa
AdkhabarAdkhabar
  • Home
  • Automobile
  • Entertainment
  • Esports
  • Food
  • Health
  • Life Style
  • News
  • Technology
  • Travel
Search
  • Home
  • Automobile
  • Entertainment
  • Esports
  • Food
  • Health
  • Life Style
  • News
  • Technology
  • Travel
Follow US
Adkhabar > Blog > News > MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone
MEXC Drives Stablecoin Expansion After M USDe Purchase and 0M TVL Milestone
News

MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone

Last updated: 07/06/2025 1:08 PM
Published: 05/06/2025
Share
SHARE

VICTORIA, Seychelles, June 4, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, is shaping its long-term strategy, based on its mission – making crypto more accessible to everyone and building trust within the community. Being a significant player in the market, MEXC drives the whole industry. The effect of its recent investments on the crypto space globally is hard to overestimate.

- Advertisement -

As part of this strategy, the exchange has previously made a significant investment of $16 million in Ethena, a leading innovator in the stablecoin space. The investment follows MEXC’s recent acquisition of $20 million worth of USDe, Ethena’s synthetic dollar, which caused a surge in ENA’s trading volume and boosted USDe’s total value locked (TVL).

- Advertisement -

In May 2025, the TVL of USDe in MEXC recorded a value above $100 million, making it the second-largest holder of USDe TVL among centralized exchanges. This growth aligns with the broader rise of USDe, whose circulating supply has reached nearly $5.2 billion — making it the fourth-largest stablecoin by market capitalization. The trust in this coin is backed up by several factors. In contrast to some highly volatile crypto assets, USDe exhibits greater price stability. Also, Ethena employs a unique strategy for maintaining the dollar peg, combining derivatives and on-chain liquidity.

- Advertisement -

To encourage users to experience and trade USDe, MEXC launched several events and promotional campaigns, including one with an impressive prize pool of $1 million. Other incentives include zero trading fees, presented as a limited-time Trader’s Fest, aimed at attracting crypto professionals and those who are making their first steps. Within this offering, traders can take advantage of zero-fee trading pairs.

- Advertisement -

To appeal to risk-averse crypto investors, MEXC comes out with exclusive staking rewards with generous APR (annual percentage rate). These incentives, targeted to various crypto user groups, offer simplicity, innovation and customization. They drive industry as a whole and build confidence among market participants by promoting stablecoins as a more trustworthy instrument and emphasizing transparency and security of operations.

- Advertisement -

These efforts, benefiting not only MEXC itself, but the crypto market on a larger scale, are followed by astonishing numbers. For instance, in March, the quantity of ENA holders increased by 30%, ENA TVL increased by 14%, and the daily trading volume of ENA increased by 885%. The average spot daily trading volume in March increased by 557% compared to February’s numbers.

- Advertisement -

By May 2025, ENA’s market capitalization reached 1.96 billion USD, marking a substantial growth from February 2025, when its market cap was approximately half that amount at 1.07 billion USD.

- Advertisement -

To sum up, MEXC, a cryptocurrency exchange with a years-long history (it was founded in 2018) is making investments in innovative, but at the same time secure instruments. This move emphasizes MEXC’s values and sets positive trends for the crypto industry in the long-term perspective.

- Advertisement -

About MEXC

- Advertisement -

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

- Advertisement -

MEXC Official Website| X | Telegram |How to Sign Up on MEXC

- Advertisement -

Photo – https://mma.prnewswire.com/media/2701970/1920×1080.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg

- Advertisement -

View original content:https://www.prnewswire.co.uk/news-releases/mexc-drives-stablecoin-expansion-after-20m-usde-purchase-and-100m-tvl-milestone-302471727.html

- Advertisement -
Jameson Connects grooves to Grammy winner Anderson .Paak in Mumbai
India becomes 4th nation with highest representation of Universities amongst World’s leading universities in QS World University Rankings 2026
Fulcrum Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Godrej Capital Expands Its LGBTQIA+ Inclusion Agenda with ‘Qnity’
Automechanika Ho Chi Minh City 2025 opens tomorrow
TAGGED:“trust$100m$20maccessibleafterandbasedcryptocryptocurrencydollardrivesethenaexchangeexpansionglobalinvestmentjuneleadinglongtermmakingmarketmexcmilestonemillionmissionnewspurchaserecentseychellesshapingsignificantspacestablecoinstrategytvluncategorizedusdevalue:victoria
Share This Article
Facebook Email Print
- Advertisement -

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
Popular News
NSFOCUS Receives Frost & Sullivan’s 2025 Asia-Pacific Competitive Strategy Leadership Award for Excellence in Anti-DDoS Protection
News

NSFOCUS Receives Frost & Sullivan’s 2025 Asia-Pacific Competitive Strategy Leadership Award for Excellence in Anti-DDoS Protection

03/06/2025
HCLTech Grant Americas second edition awards $1 million to three NGOs to create scalable solutions to combat climate change
Canara HSBC Life Insurance signs Indian cricket icon Jasprit Bumrah and celebrated sports presenter Sanjana Ganesan as brand ambassadors
ROLLER and Slick City Reveal the Franchise Growth Playbook in Scaling Success Webinar
Daelim Belefic Expands U.S. Inventory of Ready-to-Ship UL-Listed Transformers for Data Centers and Crypto Mining
- Advertisement -
- Advertisement -

Categories

  • Automobile
  • Entertainment
  • E-Sports
  • Food
  • Health
  • Technology
  • LifeStyle
  • Travel

About Us

Through our news networks, we raise millions of users' awareness. We are among the world's most reputable news networks.
Quick Link
Top Categories
  • Entertainment

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

AdkhabarAdkhabar
Copyright © 2021 - 2025 AdKhabar. All Rights Reserved. POWERED BY Life Care News.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?