USDe Stablecoin’s Market Cap Halved Due to Yield Decline
The market value of the synthetic "stablecoin" USDe from the Ethena project plummeted by 50% in a month—from $14.8 billion in October to the current $7.2 billion.Ethena is a company or brand name, possibly related to technology or finance.
USDe Stablecoin’s Market Cap Halved Due to Yield Decline
The market value of the synthetic "stablecoin" USDe from the Ethena project plummeted by 50% in a month—from $14.8 billion in October to the current $7.2 billion.
Ethena and Jupiter to Launch Solana Stablecoin JupUSD
The Ethena Labs team has announced a partnership with the Jupiter platform to launch the native stablecoin JupUSD on the Solana blockchain.
Ethena Adds BNB to USDe Stablecoin Collateral Assets
The Ethena Labs Risk Committee has introduced an "Eligible Asset Framework" to back the synthetic stablecoin USDe. BNB is the first token approved under this programme.
Ethena Labs Reports $500 Million in Revenue
Ethena Labs protocol has generated over $500 million in cumulative revenue. The growth in revenue and the supply of the synthetic stablecoin USDe accelerated since July.
Ethena’s USDe Joins the Ranks of Top Stablecoins
USDe by Ethena Labs has entered the ranks of the top three stablecoins. Since mid-July, its market capitalization has surged by 75%, reaching $9.5 billion. Source: CoinGecko. In terms of supply, USDe trails behind Tether’s USDT ($163.8 billion) and Circle’s USDC ($64 billion). The total market capitalization of all stablecoins has been growing for seven […]
Ethena Partners with Telegram Ecosystem
Ethena Labs and TON Foundation have announced plans to integrate the USDe and sUSDe stablecoins into the Telegram ecosystem. ?@ethena_labs brings savings tech to Telegram’s 1 billion users via TON. Starting this May, users of self-custodial wallets and Wallet in Telegram can earn dollar savings in just a few taps. What’s Coming?? pic.twitter.com/lYQL5RdmP7 — TON […]
Ethena Withdraws from German Market Amid Regulatory Concerns
Ethena Labs has announced its withdrawal from operations in Germany. We have agreed with BaFin to wind down all activities of Ethena GMBH and will no longer be pursuing the MiCAR authorization in Germany. As communicated previously, Ethena GmbH has not conducted any mint or redeem activity since March 21, 2025, and all activity has […]
German Authorities Halt Sale of USDe Stablecoin
The German financial regulator BaFin has halted the sale of the USDe stablecoin issued by Ethena Labs, citing “serious deficiencies” and non-compliance with MiCA requirements. “BaFin has prohibited Ethena GmbH from further public offering of the USDe token and instructed the company to freeze the corresponding reserve assets with custodians,” the press release states. According […]
Ethena Labs and Securitize Launch New EVM Blockchain Converge
The issuer of the stablecoin USDe, Ethena Labs, and the RWA platform Securitize have announced the launch of the Converge blockchain, designed to support and promote DeFi and tokenized assets. Introducing @convergeonchain: The settlement network for traditional finance and digital dollars, powered by @ethena_labs and @Securitize Our vision is to provide the first purpose built […]
Ethena plans Telegram integration and a new token launch
Ethena will launch a new stablecoin, iUSDe, for institutional players and a Telegram-based payments app, according to the project’s founder, known as G. https://t.co/01TIlgj1DT — G | Ethena (@leptokurtic_) January 3, 2025 The team plans to roll out these initiatives in the first quarter of 2025, marking the start of Ethena’s evolution into a “neobank”. […]
Trump-Linked Firm WLFI Partners with Ethena
World Liberty Financial (WLFI), a company associated with the Trump family, has announced a long-term partnership with the Ethena project. ??? Excited to announce the collaboration between World Liberty Financial (WLFI) and Ethena Labs! ??? First step: exploring sUSDe integration into WLFI’s lending platform, bringing new opportunities for DeFi users worldwide.https://t.co/HvGDHcJTXW — WLFI (@worldlibertyfi) December […]
Ethena Introduces Stablecoin Backed by BlackRock’s BUIDL
Ethena Labs, the issuer of USDe, has launched the stablecoin USDtb in collaboration with Securitize, a platform specializing in the tokenization of real-world assets (RWA). Today we are launching our new stablecoin product, USDtb, backed by @BlackRock‘s BUIDL Fund in partnership with @Securitize Read below for full details? pic.twitter.com/mSf3mWv3oF — Ethena Labs (@ethena_labs) December 16, […]We use cookies to improve the quality of our service.
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