Based on Bijing.com, Ethena's sUSDe and Ondo's USDY are leading in the yield-generating stablecoin market, with sUSDe reaching a market cap of over $5 billion and an annualized yield of over 5%, while USDY offers a 4% yield backed by tokenized U.S. treasuries. ConstructKoin's CTK aims to provide 8-12% staking rewards backed by real-world assets, attracting both institutional and retail interest.
Ethena Coin (USDe) and Ondo (USDY) Dominate Yield-Generating Stablecoins Market
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