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Altcoins Bitcoin backing bitcoin USDE Crypto Cryptocurrency ENA ENA token ethena Ethena Labs Ethena USDE USDE bitcoin

Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion

Apr 5, 2024 Robert Brown

On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended…

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BitCoin.com.ua

Category: Bitcoin backing

Ethena Labs Adopts Bitcoin to Back USDE Stablecoin; Supply Surpasses 2 Billion

You missed

Crypto Traders Dial Back Leverage as Bitcoin Derivatives Markets Reset

Resistance Everywhere, Relief Nowhere: Bitcoin’s Rollercoaster Ride Continues

Latam Insights: Venezuelan Oil Flows to the US Again, El Salvador Buys the Gold Dip

OSL Group Raises $200 Million to Accelerate Stablecoin and Payments Expansion