StablecoinX rose 23.65%, reaching a new historical high

StablecoinX Inc. (USDE) closed at $12.60 on September 22, up $2.41 from the previous closing price of $10.19, an increase of 23.65%, with a market capitalization of approximately $303 million. The trading volume that day was 10.5266 million shares, with a price range of $12.20 to $13.79.

In after-hours trading, the stock was at $12.72, up $0.12, an increase of 0.95%. Its 52-week price range is $1.33 to $13.79.

It is reported that StablecoinX Inc. is a stablecoin infrastructure company focused on the Ethena digital dollar ecosystem, providing infrastructure services, stablecoin middleware software, and distribution services.