NEW YORK, Sept. 12, 2025 /PRNewswire/ — Mega Matrix (NYSE: MPU) has filed a $2 billion common shelf registration with the U.S. Securities and Change Fee (SEC) to advance its Digital Asset Treasury (DAT) technique. With this transfer, MPU turns into the primary U.S.-listed firm to anchor its company treasury on ENA — the governance token of stablecoin USDe. Trade observers see the choice as the subsequent chapter within the evolution of company digital asset treasuries — from MicroStrategy’s pioneering Bitcoin technique, to Ethereum and different protocol primarily based fashions, and now MPU’s next-generation wager on ENA.
Strategic Differentiation
In contrast to earlier DAT fashions, MPU is taking a distinct path by focusing immediately on ENA. By anchoring its stability sheet to ENA, the corporate sees “double leverage”: publicity to yield as USDe expands, and potential appreciation in ENA’s token worth.
As of September 2025, USDe has develop into the world’s third-largest stablecoin, trailing solely Tether (USDT) and Circle (USDC), and the most important totally on-chain stablecoin. Since August 2024, USDe’s market cap has climbed greater than 200%, in contrast with 87% for USDC and 39.5% for USDT.ENA, the governance token, secures the protocol, drives ecosystem development, and can take part in revenues as soon as the “Charge Change” is activated. At present, USDe ranks among the many high 20 digital belongings by market capitalization, with ENA within the high 50.
The funding logic is easy. Because the stablecoin market expands, USDe continues to outpace its friends, driving larger protocol income. As soon as the Charge Change is activated, a portion of these income will circulation to ENA holders, amplifying the token‘s shortage worth. With ENA’s provide capped and USDe anticipated to scale by orders of magnitude, the long-term worth of ENA — each in governance and yield — is positioned to rise considerably. Briefly, ENA presents equity-like dividends with the shortage of a capped token.
Stablecoins: From Billions to Trillions
Institutional forecasts already level to multi-trillion-dollar demand for stablecoins over the subsequent decade. Citi tasks $1.6 trillion by 2030 with an upside case of $3.7 trillion. McKinsey and Commonplace Chartered forecast $2–2.8 trillion by 2028. Bernstein estimates $4 trillion by 2035, whereas Coinbase anticipates $1.2 trillion by 2028.
MPU argues these projections stay conservative. Its inner evaluation suggests the market might finally method $10 trillion, fueled by adoption throughout a number of fronts: tokenized asset settlement, cash market funds shifting into stablecoins, DeFi and CEX demand, dollarization in rising markets, cross-border funds, company treasury administration, and shopper transactions. Taken collectively, these use circumstances level to a market approaching $10 trillion.
USDe/ENA Outperform Friends
Beneath the brand new U.S. stablecoin regulation, compliant stablecoins are prohibited from paying curiosity, successfully lowering them to “zero-yield {dollars}.” Against this, USDe has emerged as the primary yield-bearing stablecoin to realize scale. Within the three weeks following passage of the U.S. Genius Act, USDe’s provide surged 70%, including almost $4.2 billion.
Colin Butler, Govt Vice President and World Head of Markets at MPU, mentioned:“USDe has already confirmed its sustainability — producing $100 million in income inside 250 days and increasing circulation to $10 billion in simply 500 days. No stablecoin has grown quicker. That’s why ENA sits on the core of our treasury technique.”
Songtao Jia, Chief Technique Officer at MPU, added:“USDe is greater than only a rival to USDC or USDT — its actual power is openness. From the outset, it built-in with DeFi ecosystems like Aave, Curve, Pendle, Sky, and EigenLayer, as a substitute of constructing a walled backyard. That makes USDe really feel much less like a product and extra like infrastructure. It’s not merely a stablecoin; it’s starting to appear to be the working system for decentralized finance.”
MPU isn’t alone in its ENA technique，MPU purchases unlocked ENA from the open market.Inflation from token unlocks stays an element. Roughly half of ENA provide continues to be locked and can vest over three years. MPU views this as a typical “ceremony of passage” for younger digital belongings, noting that USDe’s speedy development far outpaces inflation.
About Mega Matrix Inc.
Mega Matrix Inc. (NYSE: MPU) is a publicly traded firm pioneering the combination of digital belongings into company treasury methods. Initially a diversified holding firm with pursuits spanning ETH staking, and brief drama streaming providers, Mega Matrix has strategically pivoted to deal with blockchain innovation, stablecoins, and decentralized finance. By way of its Digital Asset Treasury (DAT) technique, the corporate builds strategic positions in governance tokens, together with ENA, the governance token of the quickly rising USDe stablecoin protocol, combining potential yield, appreciation, and energetic governance participation. For extra data, please go to: https://megamatrix.io/
View unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/after-bitcoin-and-ethereum-mega-matrix-bets-2b-on-ena-as-next-treasury-asset-302555130.html
SOURCE Mega Matrix Corp
Featured Picture: depositphotos @ artjazz
