HONG KONG, Jan. 17, 2025 (GLOBE NEWSWIRE) — CoinEx Research and ViaBTC Capital have jointly published the 2024 Crypto Annual Report, offering an in-depth analysis of the cryptocurrency market’s remarkable growth, volatility, and innovation througho

A new proposal on Aave suggests hardcoding the price of Ethena’s USDe to match Tether’s USDt in Aave’s pricing feeds.The proposal, co-authored by Chaos Labs and LlamaRisk, was submitted on Jan. 3 and seeks to protect Aave users from exposure to secon

Synthetic stablecoin protocol Ethena is looking to become a “neobank” — a traditional financial institution operating entirely online — according to an announcement on Friday. The protocol, launched in early 2024, manages the third-largest U.S. dolla

Decentralized finance (DeFi) protocol Ethena’s stablecoin, USDe, has surpassed Sky’s Dai in total market capitalization, becoming the third-largest stablecoin after Tether’s USDt and USD Coin , according to data from DefiLlama.At less than $6 billi

Ethena USDe supply rose 47.45% last month, hitting $3.75 billion, with $119M inflow recorded on November 21. The sUSDe stake rate climbed to 68.4%, its highest since February, reflecting growing investor engagement with Ethena’s ecosystem. Ethena’s U

Nov 14th, Panama – Global digital asset exchange Gate.io has announced the upcoming launch of its USDE wealth management products, which include USDE Staking and USDE Simple Earn, set to release on November 15 16:00:00, 2024 (UTC+8), as well as the s

Nov 14th, Panama – Global digital asset exchange Gate.io has announced the upcoming launch of its USDE wealth management products, which include USDE Staking and USDE Simple Earn, set to release on November 15 16:00:00, 2024 (UTC+8), as well as the s

Decentralized finance protocol Ethena, known for its synthetic dollar USDe, could onboard Solana’s native token SOL as a backing asset for the stablecoin. The community is now considering an Oct. 10 proposal from Ethena Labs that recommends an alloca

Ethena proposes Solana as a reserve asset for USDe. This move has increased the value of ENA significantly. Continue Reading:Ethena Proposes Solana as a Reserve Asset for USDe The post Ethena Proposes Solana as a Reserve Asset for USDe appeared first

The move is Ethena's latest initiative to keep growing the $3 billion supply of USDe.

The company said it's confident the Solana integration will significantly increase adoption of its USDe stablecoin.

The move aims to reverse Ethena’s dropping market capitalization.