Binance Partners with Ethena Labs to Integrate $USDe Stablecoin for 280M Users

Ethena Labs, a DeFi protocol based on Ethereum, has announced a strategic partnership with Binance, the world’s largest cryptocurrency exchange. This collaboration aims to bring Ethena Labs’ digital dollar, $USDe, into Binance’s ecosystem, benefiting over 280 million users. The integration seeks to enhance the utility of $USDe, particularly in trading options and collateral usage, marking a significant step forward for stablecoin functionality on centralized exchanges.