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Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.

Updated Mar 8, 2024, 10:54 p.m. Published Mar 8, 2024, 11:43 a.m.
A U.S. dollar coin balances on top of rocks
Stablecoin (Gerd Altmann/Pixabay)