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JU Blog2025-07-31 13:28

🚀 StableCoinX Secured $360M SPAC Merger - First Stablecoin Treasury Company to Trade on Nasdaq!

StableCoinX Inc. completed a SPAC merger with TLGY Acquisition Corp, becoming the first stablecoin-focused treasury company set to trade on Nasdaq under ticker "USDE" in Q4 2025. Here's what makes this groundbreaking:

💰 Deal Highlights:

    $360M total funding through SPAC merger $60M from Ethena Foundation + $300M from institutional investors Major backers: Dragonfly Capital, Galaxy Digital, Pantera Capital, Haun Ventures Single focus: Accumulating and permanently holding ENA tokens

📈 Massive ENA Buyback Program:

    $260M deployed for systematic ENA token purchases $5M daily buying pressure over 6 weeks Targeting ~8% of ENA's circulating supply All purchased tokens held permanently - never sold!

🎯 Business Model:

    Operating as treasury vehicle for Ethena ecosystem (3rd largest stablecoin issuer) Running validator infrastructure for USDe protocol Using 100% of earnings exclusively for more ENA accumulation Ethena Foundation has veto power over any token sales

💡 Market Impact:

    ENA price jumped 8-11% within 24 hours of announcement Current trading: $0.57-$0.58 with $900M+ daily volume Creates first regulated equity vehicle for stablecoin exposure Similar to MicroStrategy's Bitcoin strategy but for stablecoins

🏆 Key Advantages:

    SEC-registered entity with standard equity oversight Institutional access through familiar investment vehicle Partnership with BlackRock's BUIDL tokenized fund Permanent capital with no selling pressure

⚠️ Risk Considerations:

    High concentration risk tied to ENA token performance Token volatility typical of governance assets Success depends on Ethena protocol growth and stablecoin market expansion Regulatory changes could impact synthetic dollar operations

🔮 Timeline:

    Buyback Program: Started immediately (July 2025) Nasdaq Listing: Expected Q4 2025 Ticker Symbol: "USDE"

This innovative model bridges traditional finance with DeFi, offering regulated exposure to the rapidly growing synthetic dollar ecosystem. With Ethena's USDe being the 3rd largest stablecoin globally, early positioning could provide significant returns as the market matures.

Read the complete analysis with detailed risk assessment and strategic insights: 👇

https://blog.jucoin.com/stablecoinx-usde-nasdaq-analysis/

#StableCoinX #USDE #ENA #Ethena #Nasdaq #SPAC #Stablecoin #DeFi #Treasury #Crypto #Blockchain #TradFi #Buyback #JuCoin #Investment #DigitalDollar #USDe #Regulation #Institutional

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JU Blog

2025-07-31 13:29

🚀 StableCoinX Secured $360M SPAC Merger - First Stablecoin Treasury Company to Trade on Nasdaq!

[{"type":"paragraph","children":[{"text":"\n"}]},{"type":"paragraph","children":[{"text":"StableCoinX Inc. completed a SPAC merger with TLGY Acquisition Corp, becoming the first stablecoin-focused treasury company set to trade on Nasdaq under ticker \"USDE\" in Q4 2025. Here's what makes this groundbreaking:"}]},{"type":"paragraph","children":[{"text":"💰 Deal Highlights:"}]},{"type":"bulleted-list","children":[{"text":"\n$360M total funding through SPAC merger\n$60M from Ethena Foundation + $300M from institutional investors\nMajor backers: Dragonfly Capital, Galaxy Digital, Pantera Capital, Haun Ventures\nSingle focus: Accumulating and permanently holding ENA tokens\n"}]},{"type":"paragraph","children":[{"text":"📈 Massive ENA Buyback Program:"}]},{"type":"bulleted-list","children":[{"text":"\n$260M deployed for systematic ENA token purchases\n$5M daily buying pressure over 6 weeks\nTargeting ~8% of ENA's circulating supply\nAll purchased tokens held permanently - never sold!\n"}]},{"type":"paragraph","children":[{"text":"🎯 Business Model:"}]},{"type":"bulleted-list","children":[{"text":"\nOperating as treasury vehicle for Ethena ecosystem (3rd largest stablecoin issuer)\nRunning validator infrastructure for USDe protocol\nUsing 100% of earnings exclusively for more ENA accumulation\nEthena Foundation has veto power over any token sales\n"}]},{"type":"paragraph","children":[{"text":"💡 Market Impact:"}]},{"type":"bulleted-list","children":[{"text":"\nENA price jumped 8-11% within 24 hours of announcement\nCurrent trading: $0.57-$0.58 with $900M+ daily volume\nCreates first regulated equity vehicle for stablecoin exposure\nSimilar to MicroStrategy's Bitcoin strategy but for stablecoins\n"}]},{"type":"paragraph","children":[{"text":"🏆 Key Advantages:"}]},{"type":"bulleted-list","children":[{"text":"\nSEC-registered entity with standard equity oversight\nInstitutional access through familiar investment vehicle\nPartnership with BlackRock's BUIDL tokenized fund\nPermanent capital with no selling pressure\n"}]},{"type":"paragraph","children":[{"text":"⚠️ Risk Considerations:"}]},{"type":"bulleted-list","children":[{"text":"\nHigh concentration risk tied to ENA token performance\nToken volatility typical of governance assets\nSuccess depends on Ethena protocol growth and stablecoin market expansion\nRegulatory changes could impact synthetic dollar operations\n"}]},{"type":"paragraph","children":[{"text":"🔮 Timeline:"}]},{"type":"bulleted-list","children":[{"text":"\nBuyback Program: Started immediately (July 2025)\nNasdaq Listing: Expected Q4 2025\nTicker Symbol: \"USDE\"\n"}]},{"type":"paragraph","children":[{"text":"This innovative model bridges traditional finance with DeFi, offering regulated exposure to the rapidly growing synthetic dollar ecosystem. With Ethena's USDe being the 3rd largest stablecoin globally, early positioning could provide significant returns as the market matures."}]},{"type":"paragraph","children":[{"text":""}]},{"type":"paragraph","children":[{"text":"Read the complete analysis with detailed risk assessment and strategic insights: 👇"}]},{"type":"paragraph","children":[{"text":"\n"}]},{"type":"paragraph","children":[{"text":"\n"},{"type":"link","url":"https://blog.jucoin.com/stablecoinx-usde-nasdaq-analysis/","children":[{"text":"https://blog.jucoin.com/stablecoinx-usde-nasdaq-analysis/"}]},{"text":""}]},{"type":"paragraph","children":[{"text":"\n\n"}]},{"type":"paragraph","children":[{"text":"#StableCoinX #USDE #ENA #Ethena #Nasdaq #SPAC #Stablecoin #DeFi #Treasury #Crypto #Blockchain #TradFi #Buyback #JuCoin #Investment #DigitalDollar #USDe #Regulation #Institutional"}]},{"type":"paragraph","children":[{"text":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n"}]}]
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