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 Milestone
Ethena Labs has achieved a significant milestone with its USDe stablecoin, reaching a circulating supply of $12 billion. This achievement places USDe at 4% market share in the […]
USDe Takes Lead in Stablecoin Supply Growth
Recent data reveals USDe is now the leading stablecoin in terms of supply growth, surpassing USDt according to Foresight News analysis of Ethena Ecosystem figures.
Ethena Labs’ USDe Hits $12 Billion in Record Time, Impacting DeFi Liquidity
Ethena Labs has announced that its stablecoin, USDe, has reached a new record high of $12 billion in supply. This milestone represents significant growth within the cryptocurrency market […]
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 […]
Ethena Labs Approves XRP and HYPE as USDe Backers Under New Framework
Ethena Labs has announced its new framework for selecting eligible assets to back its synthetic dollar, USDe. XRP and HYPE have been approved under this framework following their […]
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’s Rally: Will USDe Expansion Drive Further Gains?
Following a bullish signal from analysts, Ethena (ENA) has experienced a notable rebound in its price. This surge was fueled by increased trading activity and technical indicators suggesting […]
Ethena’s New Framework Bolsters USDe Stability with BNB Inclusion
Ethena Risk Committee has launched a new framework, aimed at enhancing the stability of its USDollar (USDe) stablecoin. The initiative focuses on formal criteria for backing assets that […]
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 Introduces Binance Coin as Backing Asset for USDe Perpetuals
Stablecoin protocol Ethena has added Binance Coin (BNB) to its new framework supporting USDe perpetuals, marking a significant step towards bolstering the stability and growth of its decentralized […]
Ethena Breaks Revenue Barrier, Reaches $500 Million in Gross Interest
Ethena Labs, the creator of USDe, a synthetic dollar token, has announced record-breaking financial performance. Reaching $500 million in gross interest revenue marks a significant milestone for the […]
Ethena Records Major Growth in Interest Income and USDe Supply
Ethena has announced significant financial growth, with cumulative total interest income exceeding $500 million. In the most recent week alone, the protocol generated $13.4 million in revenue. Furthermore, […]
USDe Surpasses $5.7B in Cross-Chain Volume: Reshaping the Stablecoin Landscape
Ethena’s USDe has reached a significant milestone, recording $5.7 billion in cross-chain volume, solidifying its position as the third-largest synthetic dollar across 23 networks. This remarkable surge represents […]
USDe Surpasses Traditional Stablecoins in Inflows, Records New High
For the first time, USDe, a yield-bearing stablecoin backed by Ethena Labs, has surpassed both USDT and USDC in inflows, demonstrating its growing popularity. The past two weeks […]