Mega Matrix doubled its bet on the ENA ecosystem, saying "Ethena has 6 times the increase compared to Circle"
Source: CoinWorld
Time: 2025-09-12 12:16:31
According to Coinjie.com, Mega Matrix regards the Ethena stablecoin ecosystem as the core of digital asset strategy, betting that its synthetic US dollar project can seize market share from companies such as Circle. Colin Butler, executive vice president of the company, said Ethena is expected to achieve revenue of US$150 million in the next 6-12 months, with a six-fold growth potential, mainly due to its earnings stablecoin USDe. Mega Matrix has concentratedly held Ethena governance token ENA through a $2 billion shelf registered capital, providing investors with opportunities to directly participate in stablecoin competition.