Summary
- NASDAQ-listed MegaMatrix has announced plans to reserve Ethena (ENA).
- MegaMatrix forecasted that the stablecoin market could grow to $2 trillion by the end of 2028.
- Ethena is stated to be the issuer of USDe, the third-largest by market capitalization.
NASDAQ-listed MegaMatrix has announced plans to reserve Ethena (ENA).
According to PR Newswire on the 25th (local time), MegaMatrix stated in a press release, "The stablecoin market could grow to $2 trillion by the end of 2028," adding, "By reserving ENA, we will actively participate in stablecoin innovation."
Meanwhile, Ethena is the issuer of USDe, the third-largest stablecoin by market capitalization.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to crypto assets](https://media.bloomingbit.io/PROD/news/d8b64ab3-376a-41c1-a0a8-5944ff6b90c7.webp?w=250)
![[Market] Bitcoin slips below $75,000…Ethereum also falls under $2,200](https://media.bloomingbit.io/PROD/news/eaf0aaad-fee0-4635-9b67-5b598bf948cd.webp?w=250)
