Ethena USDe Tops .3B Market Cap But Risks Identified

Ethena USDe Tops $2.3B Market Cap But Risks Identified

Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to the US dollar. On April…

Ethena USDe Tops .3B Market Cap But Risks Identified

Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe

Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDe’s supply from its current $2 billion mark. BTC to Boost…

ERD DeFi Lending Platform and USDE Stablecoin Unveiled at EDCON 2023

ERD DeFi Lending Platform and USDE Stablecoin Unveiled at EDCON 2023

At EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD is a lending platform that allows users to borrow…

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