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by: xpoolPosted on: August 24, 2025

XRP and HYPE Join Ethena’s USDe Backing Program

Ethena Labs has expanded its asset framework to provide backing for USDe, a popular stablecoin. The launch sees BNB as the initial token within this program, with XRP and HYPE joining the list of potential future additions. This move strengthens USDe’s market position, now boasting a market capitalization exceeding $12 billion. ]

Related posts:

  1. Bullish Secures $1.15B in IPO Funding Using Stablecoins
  2. Hyperliquid Launches Pre-Issuance Contract for World Liberty Financial’s USD1 Stablecoin
  3. Ethena Labs Approves XRP and HYPE as USDe Backers Under New Framework
  4. Ethena Labs’ USDe Stablecoin Hits $12 Billion Record High
Crypto Stablecoin USDe

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