Wu Blockchain (@WuBlockchain): TLGY to merge with SC Assets to form StablecoinX, backed by $360M PIPE financing. The new firm will focus on Ethena’s stablecoin ecosystem and list un…
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TLGY to merge with SC Assets to form StablecoinX, backed by $360M PIPE financing. The new firm will focus on Ethena’s stablecoin ecosystem and list under the ticker “USDE”. StablecoinX will accumulate ENA tokens as long-term treasury assets. Ethena also launches a $260M ENA buyback. https://t.co/GiV262oews