Ethena Enters Competition for Hyperliquid's Stablecoin with BlackRock Partnership
Ethena has put forth a proposal to develop a new stablecoin for Hyperliquid, promising significant revenue returns to its ecosystem.
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Ethena has put forth a proposal to develop a new stablecoin for Hyperliquid, promising significant revenue returns to its ecosystem.
MegaETH has introduced USDm, a new stablecoin in partnership with Ethena, aimed at maintaining low blockchain fees.
The recent funding is earmarked for acquiring an estimated 3 billion ENA as part of a treasury strategy for the stablecoin protocol.
The company aims to leverage the growing appeal of Ethena's digital dollar USDe, as part of a larger trend of public companies acquiring cryptocurrencies.
Lido and Ethena prices increased significantly as traders capitalize on lower costs, hoping to regain previous price levels following a recent decline.
The global cryptocurrency market cap sees a rise as Bitcoin and Ether hold their ground while Ethena hits significant total value locked metrics, catching the attention of investors.
Ethena crypto has seen a significant rise following a recent unlock, prompting traders to consider if the price will surpass the $1 mark by May.
The Converge blockchain develops fast blocktimes and gas payments through Ethena's tokens, aiming to bridge traditional finance with DeFi.
Ethena, a decentralized finance protocol, has reached an agreement to withdraw from the German market, transitioning its users to its entity in the British Virgin Islands.
The market for gold-backed tokens surged to a record $1.4 billion, with Tether's XAUT and Paxos' PAXG leading the way, as detailed in CoinDesk's report.
Ethena's governance token ENA has seen a decline of 6.5% within the last 24 hours following the regulator's order.
Securitize and Ethena introduce Converge, an Ethereum-compatible blockchain aimed at integrating decentralized finance with tokenized real-world assets.
BlackRock's BUIDL fund reaches over $1 billion in assets, fueled by a significant investment from Ethena.
The investment will enhance adoption of synthetic dollars in decentralized finance.
Ethena Labs has adopted Chaos Labs' Edge Proof of Reserves oracles to improve the risk management of its synthetic USDe token, ensuring transparency and security.
Ethena has raised $100 million to develop the USDe stablecoin, now valued at around $6 billion, becoming the third largest in the market.
Despite market fluctuations, the USDe synthetic stablecoin has managed to maintain stability with its market cap exceeding $6 billion.
Ethena introduces a new stablecoin, USDtb, backed by BlackRock's tokenized money market fund, aiming to stabilize its flagship token amid market volatility.
Following significant movements in the crypto market, Ethena's token experienced a considerable influx of capital, highlighting renewed investor interest.
Ethena, a decentralized finance protocol, announces a significant allocation of its reserve fund to real-world asset-backed products as part of a growing investment trend.
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