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by: xpoolPosted on: April 10, 2025

RedStone’s Ethena Stablecoin Launch Fuels 14% Price Surge on BNB Chain

RedStone has expanded its partnership with Ethena Labs, integrating USDe and sUSDe stablecoins onto the BNB Chain. This move has sparked a significant price increase for RED, currently trading up by 14%. The integration of these stablecoins into the Binance Smart Chain opens up new opportunities for lending, borrowing, and yield farming on the platform.

Related posts:

  1. Bitso Introduces MXNB Stablecoin on Arbitrum, Expanding Access to Mexican Market
  2. KAST Introduces First M^0 Stablecoin on Solana: Revolutionizing Digital Dollar Use
  3. Binance Smart Chain Boasts 27.7 Million Monthly Active Addresses: Outpacing Bitcoin, Ethereum
  4. Crypto Investment Funds Shed $508M: Bitcoin Loses Momentum as XRP & Solana Gain Traction
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