News with the tag "ethena labs"

Ethena Labs and Securitize have announced the incoming launch of Converge, a blockchain tailor-made for DeFi and tokenized assets. The incoming blockchain has a deep pool of partners angling to roll out offerings with parties eyeing a Q2 launch. Converge Blockchain Set To Onboard An Avalanche Of Ins...

Ethena Labs has just revealed that it integrated Chaos Labs’ data authenticity technology, Edge Proof oracles, to strengthen the risk management framework for its synthetic dollar token USDe. Ethena’s USDe is a synthetic stablecoin that maintains a soft peg with the U.S. dollar via an automated delt...

USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $212 billion stablecoin market is currently dominated by Tether (...

The crypto project backed by BitMEX founder Arthur Hayes wants to explore a potential market for financial services on the messaging platform Telegram. In a statement, Ethena Labs says it’s mulling building a Telegram-based savings and payment application this year as it sees a $50 billion market fo...

In 2024, Ethena (ENA) was one of the cryptocurrencies that shined the most, gaining major attention from investors. However, things might go to another level after its strategic growth and new development plans. This gets interesting with the 2025 roadmap revelation, where the team has introduced so...

Voting on the proposal is open from Dec. 27 until Jan. 1, with all votes that have been cast so far in favor of the proposal, all the comments in the discussion are also in favorablecoin-live.

World Liberty Financial (WLFI), a growing player in decentralized finance (DeFi), has announced a collaboration with Ethena Labs to explore integrating the sUSDe token as collateral on its Aave-backed platform. This strategic move, reported by The Block , underscores WLFI’s commitment to expanding i...

Defying the broader crypto market correction, Ethena price has surged 10% to $1.2 in the last 24 hours. This bullish push comes amid strong ENA whale accumulation and a recent collaboration with Donald Trump’s crypto project World Liberty Financial . Over the past week and more, there has been conti...

The announcement comes fresh on the heels of World Liberty’s purchase of $500,000 worth of ENA tokens.

Ethena’s USDtb has already amassed more than $65 million in total value locked on the opening day.