sightSTABLECOIN GROWTH•Oct 1
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Standard Chartered sees USDe supply reaching $40 billion in two years
USDe is now being modeled as an eightfold growth story over the next two years, with supply potentially reaching $40 billion as DeFi and traditional finance move closer together. That is a big institutional signal for Ethena, even though the forecast remains forward-looking.
Standard Chartered's new coverage also projects ENA at $0.42 in 2026, $1.10 in 2027, and $2.00 by the end of 2028, up from about $0.28. The bank links that valuation path to larger USDe supply and scaling token buybacks.
Standard Chartered's new coverage also projects ENA at $0.42 in 2026, $1.10 in 2027, and $2.00 by the end of 2028, up from about $0.28. The bank links that valuation path to larger USDe supply and scaling token buybacks.
Timeline2
Sep 30
Standard Chartered initiated research coverage of Ethena and forecast roughly 8x USDe growth over two years.
Sep 30
The reported forecast put ENA at $0.42 in 2026, $1.10 in 2027, and $2.00 in 2028, alongside potential USDe supply growth to $40 billion.
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Oct 1