Terminal tUSDe being slept on massively now 😴
Aside from sUSDe (Jul 2025) which is expiring next week, this is the highest @ethena_labs fixed yield now at 14.37%
Momentum wise, this has the argument to be the most narrative-charged stablecoin:
🔹RWA + stablecoin exposure, both of which are picking up thanks to friendly regulations (especially in the US) and increased attention from our TardFi friends
🔹Key player in the "Pendthena" ecosystem, which will form the liquidity hub and foundation for Pendle Permissioned + Ethena's iUSDe (KYC-compliant version of sUSDe)
🔹YTs are tempting too considering $ENA is up ~44% in the past week and this has one of the highest 50x Sats exposure + Terminal Roots, which again both of which are part of the Ethena ecosystem
What we're looking at here, what you're buying here is not just "another stablecoin", it's the friggin gateway to DeFi yields for TradFi institutions.
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