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Showing posts from June, 2025

MEXC Hits 40M Users with 46% Growth in New Listing Token Trading Volume in May

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Victoria, Seychelles, June 11, 2025 — MEXC , a leading global cryptocurrency exchange, has released its May 2025 performance update, showcasing another strong month of growth across user acquisition, trading activity, and sectoral momentum. The platform’s global user base surpassed 40 million, up from 30 million in December 2024 — a 33% increase in just five months. Key Highlights: •                  User base exceeded 40 million (+33% since Dec 2024) •                  214 new tokens listed in May (+33.7% MoM) •                  Average trading volume per user up 45.09% •                  Top 10 newly listed tokens averaged +2300.95% in peak gains •  ...

MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone

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Victoria, Seychelles, June 5, 2025 — MEXC , a leading global cryptocurrency exchange, is shaping its long-term strategy, based on its mission – making crypto more accessible to everyone and building trust within the community. Being a significant player in the market, MEXC drives the whole industry. The effect of its recent investments on the crypto space globally is hard to overestimate.   As part of this strategy, the exchange has previously made a significant investment of $16 million in Ethena, a leading innovator in the stablecoin space. The investment follows MEXC’s recent acquisition of $20 million worth of USDe, Ethena’s synthetic dollar, which caused a surge in ENA’s trading volume and boosted USDe’s total value locked (TVL).   In May 2025, the TVL of USDe in MEXC recorded a value above $100 million, making it the second-largest holder of USDe TVL among centralized exchanges. This growth aligns with the broader rise of USDe, whose circulating supply has rea...