MEXC, a leading cryptocurrency exchange, is focusing on making crypto more accessible and building trust within the community.
MEXC made a significant investment in Ethena and acquired $20 million worth of USDe, leading to a surge in trading volume and a TVL milestone of over $100 million.
USDe by Ethena has seen significant growth, becoming the fourth-largest stablecoin by market capitalization, with measures in place to maintain price stability.
MEXC introduced events, promotional campaigns, zero trading fees, staking rewards, and other incentives to encourage users to experience and trade USDe, resulting in impressive growth numbers for ENA by May 2025.