Ethena Labs is nearing the activation of a fee switch for ENA holders following a significant surge in USDe supply. This milestone could reshape the DeFi landscape and […]
Ethena Labs’ USDe Stablecoin Reaches $12 Billion in Circulation
Ethena Labs has achieved a significant milestone with its USDe stablecoin, reaching a record $12 billion circulating supply. This places USDe as the third-largest stablecoin by market cap […]
Ethena Approves XRP and HYPE for USDe Backing, Following BNB Onboarding
Ethena Labs has expanded its Eligible Asset Framework to include XRP and Hyperliquid (HYPE) tokens. This expansion follows the successful onboarding of Binance Coin (BNB), marking a significant […]
Ethena Reaches $500 Million in Revenue, Driving Growth of Synthetic Stablecoins
The synthetic stablecoin sector is experiencing rapid growth, as Ethena Labs announced it has surpassed $500 million in cumulative revenue. This milestone highlights the increasing demand for synthetic […]
Ethena Labs Fuels DeFi Growth with ENA Token Expansion
Ethena Labs is pushing forward in the decentralized finance (DeFi) space with an expansion of its ENA governance token. Led by CEO Guy Young, the company continues to […]
Ethena Integrates Synthetic Stablecoin USDe onto TON Blockchain
Ethena Labs has made a significant move in expanding its stablecoin offerings by integrating its synthetic stablecoin, USDe, and its staked variant tsUSDe onto the TON blockchain. This […]
Alchemy Pay Expands Crypto Accessibility with New Fiat Integration for Ethena Labs
Global payments provider Alchemy Pay has partnered with Ethena Labs to simplify cryptocurrency access for users worldwide. This collaboration facilitates direct fiat purchases of the synthetic stablecoin USDe […]
Ethena Labs Withdraws From German Crypto Market After BaFin Concerns
Synthetic stablecoin developer Ethena Labs has closed its German operations less than a month after regulators flagged compliance issues with its USDe token. The decision follows an agreement […]
Ethena Labs Withdraws from Germany, Citing MiCA Regulatory Challenges
Ethena Labs has ended its plans to obtain EU authorization for its USDe stablecoin. The crypto startup is ceasing all operations in Germany, including its Ethena GMBH branch, […]
Ethena Labs Shuts Down Operations in Germany Following Agreement with BaFin
Ethena Labs, the blockchain company behind a decentralized application platform (DApp) known for its NFT minting and trading functionalities, has ceased operations in Germany. This closure follows a […]
Ethena Labs Partners with Re to Introduce Real-World Stablecoin Reinsurance
Ethena Labs, renowned for its Ethereum-based synthetic dollar protocol, has forged an exclusive partnership with Re, a leading blockchain reinsurer. This collaboration enables users to stake their tokens […]