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VICTORIA, Seychelles, June 4, 2025 /PRNewswire/ -- 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 reached nearly $5.2 billion — making it the fourth-largest stablecoin by market capitalization. The trust in this coin is backed up by several factors. In contrast to some highly volatile crypto assets, USDe exhibits greater price stability. Also, Ethena employs a unique strategy for maintaining the dollar peg, combining derivatives and on-chain liquidity.
To encourage users to experience and trade USDe, MEXC launched several events and promotional campaigns, including one with an impressive prize pool of $1 million. Other incentives include zero trading fees, presented as a limited-time Trader's Fest, aimed at attracting crypto professionals and those who are making their first steps. Within this offering, traders can take advantage of zero-fee trading pairs.
To appeal to risk-averse crypto investors, MEXC comes out with exclusive staking rewards with generous APR (annual percentage rate). These incentives, targeted to various crypto user groups, offer simplicity, innovation and customization. They drive industry as a whole and build confidence among market participants by promoting stablecoins as a more trustworthy instrument and emphasizing transparency and security of operations.
These efforts, benefiting not only MEXC itself, but the crypto market on a larger scale, are followed by astonishing numbers. For instance, in March, the quantity of ENA holders increased by 30%, ENA TVL increased by 14%, and the daily trading volume of ENA increased by 885%. The average spot daily trading volume in March increased by 557% compared to February's numbers.
By May 2025, ENA's market capitalization reached 1.96 billion USD, marking a substantial growth from February 2025, when its market cap was approximately half that amount at 1.07 billion USD.
To sum up, MEXC, a cryptocurrency exchange with a years-long history (it was founded in 2018) is making investments in innovative, but at the same time secure instruments. This move emphasizes MEXC's values and sets positive trends for the crypto industry in the long-term perspective.
About MEXC
Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website ｜ X ｜ Telegram ｜How to Sign Up on MEXC
VICTORIA, Seychelles, June 4, 2025 /PRNewswire/ -- 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 reached nearly $5.2 billion — making it the fourth-largest stablecoin by market capitalization. The trust in this coin is backed up by several factors. In contrast to some highly volatile crypto assets, USDe exhibits greater price stability. Also, Ethena employs a unique strategy for maintaining the dollar peg, combining derivatives and on-chain liquidity.
To encourage users to experience and trade USDe, MEXC launched several events and promotional campaigns, including one with an impressive prize pool of $1 million. Other incentives include zero trading fees, presented as a limited-time Trader's Fest, aimed at attracting crypto professionals and those who are making their first steps. Within this offering, traders can take advantage of zero-fee trading pairs.
To appeal to risk-averse crypto investors, MEXC comes out with exclusive staking rewards with generous APR (annual percentage rate). These incentives, targeted to various crypto user groups, offer simplicity, innovation and customization. They drive industry as a whole and build confidence among market participants by promoting stablecoins as a more trustworthy instrument and emphasizing transparency and security of operations.
These efforts, benefiting not only MEXC itself, but the crypto market on a larger scale, are followed by astonishing numbers. For instance, in March, the quantity of ENA holders increased by 30%, ENA TVL increased by 14%, and the daily trading volume of ENA increased by 885%. The average spot daily trading volume in March increased by 557% compared to February's numbers.
By May 2025, ENA's market capitalization reached 1.96 billion USD, marking a substantial growth from February 2025, when its market cap was approximately half that amount at 1.07 billion USD.
To sum up, MEXC, a cryptocurrency exchange with a years-long history (it was founded in 2018) is making investments in innovative, but at the same time secure instruments. This move emphasizes MEXC's values and sets positive trends for the crypto industry in the long-term perspective.
About MEXC
Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website ｜ X ｜ Telegram ｜How to Sign Up on MEXC
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MEXC Drives Stablecoin Expansion After $20M USDe Purchase and $100M TVL Milestone
- The Kia EV2 – the brand's sixth dedicated electric model – debuts at the 2026 Brussels Motor Show
- Compact B-SUV designed to support diverse modern lifestyles, delivering class-above interior space and an emotionally engaging electric driving experience
- Up to 448 km driving range, EV Route Planner, Plug & Charge and bidirectional V2L
- EV3 GT, EV4 Hatchback GT and EV5 GT also revealed, expanding Kia's electric performance portfolio
BRUSSELS and SEOUL, South Korea, Jan. 9, 2026 /PRNewswire/ -- Kia Corporation today unveiled the EV2 at the 2026 Brussels Motor Show, marking the global premiere of a compact electric SUV designed to make electric mobility more emotional, intuitive and accessible.
"With the Kia EV2, we are expanding the reach of Kia's electric mobility to customers who want a compact car that still feels spacious, capable and emotionally rewarding. EV2 reflects our commitment to practical innovation — bringing advanced EV technology, thoughtful design and everyday usability into a model created for the way people live and move in cities around the world." — Ho Sung Song, President and CEO of Kia
Alongside the EV2, Kia also revealed the EV2 GT Line and introduced the latest electric GT models — EV3 GT, EV4 Hatchback GT and EV5 GT — underscoring the brand's commitment to both accessible electrification and engaging performance.
EV2: A New Emotional Gateway to Electric Mobility
The EV2 plays a strategic role within Kia's expanding electric vehicle (EV) portfolio. As the most compact electric SUV in the lineup, it is designed as a gateway model for first-time EV drivers and new Kia buyers, while remaining versatile enough to serve as a primary household vehicle — easy to live with, yet emotionally rewarding.
Kia's new compact SUV delivers an experience beyond its class thanks to:
- A calm, welcoming cabin atmosphere
- Class-above interior space and flexibility
- Easy, confidence-inspiring urban driving dynamics
BRUSSELS and SEOUL, South Korea, Jan. 9, 2026 /PRNewswire/ -- Kia Corporation today unveiled the EV2 at the 2026 Brussels Motor Show, marking the global premiere of a compact electric SUV designed to make electric mobility more emotional, intuitive and accessible.
"With the Kia EV2, we are expanding the reach of Kia's electric mobility to customers who want a compact car that still feels spacious, capable and emotionally rewarding. EV2 reflects our commitment to practical innovation — bringing advanced EV technology, thoughtful design and everyday usability into a model created for the way people live and move in cities around the world." — Ho Sung Song, President and CEO of Kia
Alongside the EV2, Kia also revealed the EV2 GT Line and introduced the latest electric GT models — EV3 GT, EV4 Hatchback GT and EV5 GT — underscoring the brand's commitment to both accessible electrification and engaging performance.
EV2: A New Emotional Gateway to Electric Mobility
The EV2 plays a strategic role within Kia's expanding electric vehicle (EV) portfolio. As the most compact electric SUV in the lineup, it is designed as a gateway model for first-time EV drivers and new Kia buyers, while remaining versatile enough to serve as a primary household vehicle — easy to live with, yet emotionally rewarding.
Kia's new compact SUV delivers an experience beyond its class thanks to:
Production and Launch Timing
Production of the EV2 will begin in the first quarter of 2026 with the standard-range model, followed by long-range and GT Line variants throughout the year. Market launch timings will be announced closer to the start of sales.
The EV3 GT, EV4 Hatchback GT and EV5 GT are scheduled to enter production in the second half of 2026.
For more information, visit the Kia Global Media Center for more.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Kia Unveils EV2 at Brussels Motor Show
