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Ethena Labs has unveiled its latest product, $USDtb, a stablecoin backed by BlackRock’s BUIDL. Designed to maintain a 1:1 peg, each $USDtb token is supported by cash or cash-equivalent reserves, ensuring its stability. Users can freely transfer $USDtb tokens without facing any restrictions. A standout feature of $USDtb is its backing by BlackRock’s BUIDL, which … Read more
Ethena’s $USDe stablecoin is rapidly approaching a supply of $6 billion, marking a remarkable 140% increase since its October lows. While this growth is significant, $USDe still holds just a 2.83% market share, highlighting its potential for further expansion as it continues to gain traction in the stablecoin sector. Although far from challenging dominant players … Read more
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders. Go to Source
Ethena Labs has introduced USDtb, a stablecoin that’s got the backing of Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin With Blackrock Support Crafted in collaboration with Securitize, a top dog in real-world asset (RWA) tokenization, USDtb brings cash-backed steadiness and the magic of cross-chain operations to the table. This … Read more
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields. Go to Source
In a significant transaction, an address linked to Amber Group withdrew 6.92 million ENA tokens from Binance approximately 10 hours ago. The withdrawal, valued at $4.78 million, has been split between two wallet addresses. Notably, the tokens sent to the receiving address have yet to be sold or transferred further. Amber Group 关联地址 10 小时前从 … Read more
Ethena Labs has officially submitted a proposal to include its upcoming stablecoin, USDtb, in Spark’s liquidity competition. Go to Source
@Ethena_Labs’ innovative stablecoin, $USDe, has reached a new milestone with a total supply of $3.65 billion, driven by strong demand for its funding rate yield. This growth highlights the increasing confidence in $USDe, as 75% of the coin’s supply is now staked, solidifying its stability. Since its launch, $USDe has consistently maintained its 1:1 peg … Read more
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval. Go to Source
The Ethena Foundation has announced that the proposal by @wintermute_t to activate a fee switch for $ENA has been approved by the Risk Committee. This marks a significant development for the token, with the Foundation now collaborating with the committee to finalize the parameters for activation by November 30. Details on the precise implementation mechanics … Read more
