Usde


Finance

MEXC Ventures Invests $36M in Ethena and USDe as Stablecoin Demand Continues to Surge

The investment aims to boost stablecoin adoption and crypto accessibility.

(tungnguyen0905/Pixabay)

Tech

USDe Issuer Ethena Labs Integrates Chaos Labs' Edge Proof of Reserves Oracles to Strengthen Risk Management

The Edge Proof of Reserves Oracles provide a real-time, transparent mechanism to verify that token issuers like Ethena hold sufficient reserves.

(tungnguyen0905/Pixabay)

Finance

USDe Stablecoin Developer Ethena Raises $100M: Bloomberg

USDe's market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether's USDT and Circle's USDC

Funding (Gerd Altmann/Pixabay)

Markets

Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets

"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.

Arthur Hayes at Korea Blockchain Week 2023. (Factblock)

Markets

Ethena Labs Proposes SOL for USDe's Collateral

If the proposal is approved, SOL will join BTC and ETH within Ethena's collateral mix.

(Sam Kessler/CoinDesk)

Markets

Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL

Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

(Ryan Quintal/Unsplash, Modified by CoinDesk)

Videos

Why USDe Holders Should Monitor Ethena's Reserve Fund

CryptoQuant warns that USDe holders should monitor Ethena's reserve fund to avoid risk. In the event of negative funding rates, the firm says Ethena's current reserve fund would only be sustainable if USDe's market cap was below $4 billion. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

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