that's right

According to Token Terminal, the ethena USDE has broken $320 million over eight weeks on Robinwood Chain, which now accounts for 42 per cent of the chain ' s stable currency flows and is the largest external dollar asset on the network, after Robin Chain ' s own usdg. According to analyst Mesh, this growth stems from the way infrastructure is designed, with Steakhouse Financial choosing ethena as the main collateral issuer for Robinwood Earth, and Steakhouse usdg vault allocating 62-65 per cent of the liquidity to the USDE/usdg mprho market borrowers to deposit USDE in this market, which is the deepest collateral slot in the vault。