The supply of USDe has fallen below 2.7 billion, a decrease of approximately 25.5% from its peak

According to data from Ethena's official website, as of September 7th, the supply of USDe has dropped to 2.69 billion coins, a decrease of approximately 25.5% from the peak of 3.61 billion coins in early July. In addition, the reserve fund for the stablecoin protocol Ethena is currently maintained at $46.61 million.