Crypto Briefing August 28, 2026

Ethena Foundation plans ENA buybacks contingent on USDe supply nearly doubling to $7.5 billion

Ethena Foundation plans ENA buybacks contingent on USDe supply nearly doubling to $7.5 billion

Ethena's strategy could stabilize ENA's market by aligning token buybacks with USDe growth, but it risks revenue dependency on volatile yields.

The post Ethena Foundation plans ENA buybacks contingent on USDe supply nearly doubling to $7.5 billion appeared first on Crypto Briefing.

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