StablecoinX (Nasdaq: USDE) begins trading after SPAC merger with TLGY, holding 3.03B ENA tokens (~20% of supply, ~75M) and running a Decentralized Verifier Node for the Ethena ecosystem.

StablecoinX begins trading on Nasdaq under ticker USDE after completing its SPAC merger, backed by $890M in PIPE financing to support Ethena's USDe

StablecoinX will list on Nasdaq on Friday after merging with TLGY, becoming the first public stablecoin company to support the Ethena ecosystem.