{"id":619935,"date":"2026-06-26T03:52:54","date_gmt":"2026-06-26T03:52:54","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/26\/stablecoinx-bets-on-ethena-ecosystem-with-nasdaq-debut-on-friday\/"},"modified":"2026-06-26T03:52:54","modified_gmt":"2026-06-26T03:52:54","slug":"stablecoinx-bets-on-ethena-ecosystem-with-nasdaq-debut-on-friday","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/26\/stablecoinx-bets-on-ethena-ecosystem-with-nasdaq-debut-on-friday\/","title":{"rendered":"StablecoinX bets on Ethena ecosystem with Nasdaq debut on Friday"},"content":{"rendered":"<p>USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion. <\/p>\n<p>Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp, a publicly traded special purpose acquisition company, allowing it to begin trading on Nasdaq on Friday.<\/p>\n<p>StablecoinX is the first public stablecoin infrastructure company focused on supporting the Ethena ecosystem through decentralized verifier nodes and software infrastructure, and will trade under the symbol \u201cUSDE,\u201d according to a statement on Thursday.<\/p>\n<p>\u201cWe believe Ethena has emerged as one of the most important platforms powering the next generation of digital dollars,\u201d said Edward Chen, CEO and Chairman of StablecoinX.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/stablecoinx-merges-with-tlgy-and-begins-trading-on-nasdaq-friday?utm_source=rss&amp;utm_medium=rss_feed_medium&amp;utm_campaign=rss_feed_medium\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion. Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp, a publicly traded special purpose acquisition company, allowing it to begin trading on Nasdaq on Friday. StablecoinX is the first public stablecoin infrastructure company focused [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":619936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-619935","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/619935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=619935"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/619935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/619936"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=619935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=619935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=619935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}