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Standard Chartered sees Ethena’s USDe reaching $40B, ENA hitting $2

CointelegraphWednesday, September 30, 2026 at 8:57 PM

RedScroll Brief

Standard Chartered sees Ethena’s USDe reaching $40B, ENA hitting $2
Image via Cointelegraph

The bank also expects Ethena’s ENA token to rise roughly sevenfold to $2 by the end of 2028 as USDe scales and token buybacks increase.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The bank also expects Ethena’s ENA token to rise roughly sevenfold to $2 by the end of 2028 as USDe scales and token buybacks increase. Watch liquidity and volatility around Standard Chartered and Ethena — crypto markets reprice narrative risk quickly.
Read original source → COINTELEGRAPHEdition 2026-09-30

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

The bank also expects Ethena’s ENA token to rise roughly sevenfold to $2 by the end of 2028 as USDe scales and token buybacks increase.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Cointelegraph reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. Cointelegraph published: Standard Chartered sees Ethena’s USDe reaching $40B, ENA hitting $2

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Standard Chartered and Ethena — crypto markets reprice narrative risk quickly.

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Source

Cointelegraph

Original reporting by Cointelegraph. RedScroll provides an extractive briefing only.