Ethena Labs expands USDe and sUSDe to BNB Chain, unlocking new DeFi options across PancakeSwap, Venus, and Pendle.
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Ethena’s USDe stablecoin recorded a massive $268M redemption, reducing its supply by 4.7% while investors brace for upcoming token unlocks.
MEXC invested $20M in Ethena’s USDe to drive stablecoin adoption, offering zero-fee trading pairs and staking programs for users.
Ethena raised $100M in a private ENA token sale, backed by Franklin Templeton and F-Prime Capital, to launch institutional stablecoin iUSDe.
Ethena Labs confirms USDe assets are stored off-exchange via Copper Clearloop, while planning DeFi expansion with sUSDe integration into Aave.
Ethena Labs plans to integrate iUSDe with TradFi partners to enhance accessibility and financial portfolio returns. sUSDe will be available on Telegram, offering users a mobile banking-like experience for sending,…