Scoop: MEXC's megabucks shake-up of the crypto world
Stablecoin growth spurred by MEXC following $20 million USDe acquisition and $100 million TVL milestone achieved.
June 5, 2025, Victoria, Seychelles - MEXC, the heavy-hitter in the crypto exchange arena, is shaking things up with its vision: making crypto accessible to all while instilling trust within the community. As a key catalyst in the market, MEXC's recent investments are transforming the crypto landscape globally.
Last month, the exchange shelled out a whopping $20 million for a heapin' helping of USDe, *Ethena's synthetic dollar. That's right, folks. This investment triggered a trading volume boom for ENA and a major spike in USDe's Total Value Locked (TVL), boosting itsaking to the second-largest holder of USDe TVL among centralized exchanges.
Now you're probably wondering, "So what's the big deal with USDe?" Well, let's throw some numbers at ya. By May, USDe's TVL cruised up to a cool $100 million, and its circulating supply clocked in at an impressive $5.2 billion, earning it a spot as the fourth-largest stablecoin by market capitalization. What's more, USDe exhibits a remarkable level of price stability compared to some of the more notorious volatile always-gambling crypto assets out there.
To entice crypto enthusiasts to try USDe out for themselves, MEXC hosted a jaw-dropping $1 million event coupled with limited-time zero trading fees. This Trader's Fest was designed to attract professionals and novices alike by offering zero-fee trading pairs. It's like them saying, "Come one, come all! Jump on in!"
*To cater to the more risk-averse crypto investors, MEXC released exclusive staking rewards with high APRs. These primo rewards were tailored to serve different crypto enthusiasts, providing simplicity, innovation, and personalization. It's all about making crypto accessible, secure, and oh-so-alluring!
*Since these efforts rolled out, MEXC's numbers have been off the charts. Back in March, the quantity of ENA holders surged by 30%, while its TVL and daily trading volume saw boosts of 14% and 885%, respectively. Talk about making a splash in the crypto sea!
By May 2025, ENA's market capitalization soared to $1.96 billion, marking a massive increase from February's $1.07 billion. It's clear that MEXC's investments in innovative, yet secure instruments reflect the values that have kept it thriving for years.
Find out more about MEXC, the platform that's been serving over 40 million users across 170+ countries since 2018, at its official website.
Want to get in on the crypto game? Check out MEXC's Telegram and learn how to sign up today.
Looking for more info? Need a source to back up these claims? No worries, mate. Simply drop an email to MEXC PR Manager Lucia Hu at [email protected].
Please remember, this piece is a paid release, so take these claims with a pinch of salt. Do your research before diving headfirst into the wild crypto world. Don't say we didn't warn ya!
Check out MEXC today and start your crypto journey with a trusty sidekick!
Crypto Corner
MEXC, founded in 2018, aims to be your simplest, most rewarding gateway to the crypto universe. Serving 40 million users in 170+ countries, MEXC stands out for its expansive selection of up-and-coming tokens, regular airdrop opportunities, and rock-bottom trading fees. Our user-friendly platform is designed to support crypto newbies and seasoned veterans alike, ensuring secure and intuitive access to digital assets.
If you've got questions or need assistance, feel free to reach out via MEXC's Official Website or join their active Telegram community. We're here to help you navigate the crazy crypto world and make the most of your crypto journey.
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*Disclaimer: Woah, buddy! Take these claims with a heapin' side of skepticism. This piece is a paid release, and those stats and figures, they might not always be 100% accurate. Do your research, look up the facts, and make your own decisions. Don't trust us blindly!
Psst! Interested in learning about the impact of MEXC's investments in the stablecoin space? Check out the enrichment data section down below for more deets!
- MEXC's recent investment in USDe, a synthetic dollar developed by Ethena, has significantly increased the trading volume of ENA and boosted USDe's Total Value Locked (TVL), positioning MEXC as the second-largest holder of USDe TVL among centralized exchanges.
- To cater to both novice and professional crypto investors, MEXC offers exclusive staking rewards with high APRs, providing simplicity, innovation, and personalization - demonstrating MEXC's commitment to making crypto investing accessible, secure, and appealing.
