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Ripple Loses Dominance in Stablecoin Market Cap Growth
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Ripple Loses Dominance in Stablecoin Market Cap Growth

Key Highlights: Ethena took the top position in 24-hour stablecoin market capitalization growth with an expansion of $39.6 million. Ripple slipped to second place after leading the sector the prior day with a $34.7 million surge, with Ethena’s latest growth outpacing Ripple by roughly 8.5 times. Broader market momentum lifted multiple stablecoin issuers, including double-digit ...

JustLend DAO Completes Fifth JST Buyback and Burn Worth $23.5M
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JustLend DAO Completes Fifth JST Buyback and Burn Worth $23.5M

Key Highlights: JustLend DAO completed its fifth quarterly buyback and burn, destroying 170,723,144 JST valued at $23,531,749. Cumulative burns have now removed 1,881,973,007 JST, permanently eliminating 19.01% of the token’s total supply. The initiative was financed using $9,280,216 from third-quarter net income alongside $10,340,249 from historical revenue allocations. JustLend DAO has executed the fifth round ...