[ad_1] Ethena’s USDe, a synthetic US dollar protocol on Ethereum, has quickly gained traction with a market cap exceeding $2 billion. Unlike traditional stablecoins, USDe is...
[ad_1] Ethena Labs announced to back its USDe synthetic dollar with Bitcoin and some crypto experts have raised red flags on the move as it may...
[ad_1] MakerDAO is reportedly considering a substantial investment of $600 million in DAI into USDe and staked USDe (sUSDe) via Morpho Labs’ DeFi lending protocol. This...
[ad_1] Ethena Lab’s stablecoin USDe has surged to a market capitalization of half a billion dollars, as nearly half of the tokens are committed to staking,...