StablecoinX Announces Second Quarter Results, with a Net Loss of Approximately $34.18 Million
2026-08-14 21:14:42
According to CoinMeta, Wu said that StablecoinX (NASDAQ: USDE) listed on NASDAQ announced its second-quarter results. As of June 30, the company held approximately 3 billion ENA, valued at about $218.4 million at that day's price, which accounts for about 20% of the total supply of ENA. The company incurred a net loss of about $34.18 million in the second quarter, mainly due to a impairment of digital assets amounting to about $36.2 million. At the end of the quarter, total assets were about $232.6 million, of which cash and cash equivalents were about $18.86 million.
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