StablecoinX to Begin Trading on Nasdaq After SPAC Merger, Supporting Ethena Ecosystem
By
@cointelegraph
Summary
StablecoinX, a stablecoin infrastructure company focused on supporting the Ethena ecosystem, has completed its merger with SPAC TLGY Acquisition Corp and will begin trading on Nasdaq under the symbol "USDE." This makes StablecoinX the first publicly traded stablecoin infrastructure company dedicated to the Ethena network, operating through decentralized verifier nodes and software infrastructure. The listing comes amid a crypto bear market.
Source
bskyStablecoinX to Begin Trading on Nasdaq After SPAC Merger, Supporting Ethena Ecosystemcointelegraph.comKey quotes
· 1 pulledWe believe Ethena has emerged as one of the most important platforms powering the next generation of digital dollars.
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