CZ’s YZi Labs Doubles Down on Ethena and USDe Stablecoin

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Yzi Labs, the family member connected to the founder of Binance Changpeng Zhao, is putting more weight behind Ethena Labs, the company behind the Usde of the synthetic dollar. Timing is interesting. Binance only Support recently added for Usde some of his services, and now Yzi is coming with deeper support. It seems that they … Read more

MEXC Fuels Stablecoin Growth with Ethena and USDe Push

MEXC Fuels Stablecoin Growth with Ethena and USDe Push

Mexc, the global cryptocurrency exchange with over 40 million users, has ramping up its commitment to change and decentralization by expanding its investment trace in the Stablecoin sector. The recent $ 36 million Push Push – a $ 16 million investment in Etherna Labs and the purchase of $ 20 million to USDE – is … Read more

Spark Integrates Ethena’s USDe and sUSDe

Spark Integrates Ethena’s USDe and sUSDe

Spark has integrated Athena’s synthetic dollar assets, USDe and sUSDe, into its Liquidity Layer, providing up to $1.1 billion to power the Athena ecosystem. USDe, a synthetic stablecoin pegged 1:1 to the US dollar via a delta-neutral hedging strategy, offers a decentralized alternative to traditional stablecoins such as USDT and USDC, where sUSDe provides opportunities … Read more