Wintermute now accepts USDe by Ethena Labs as margin collateral for OTC trading, enhancing capital flexibility. Ethena proposes adding Solana and liquid staking derivatives to diversify USDe’s backing assets for scalability. In a tweet, Wintermute announced that USDe from Ethena Labs is officially accepted as margin collateral for over-the-counter (OTC) trading. Greater flexibility and capital…
Rune Christensen sold 2.04 million ENA tokens for 744K USDC shortly after claiming them from Ethena Labs. Ethena Labs aims to increase USDe’s scalability by integrating Solana and liquid staking derivatives as collateral. Rune Christensen, the founder of Sky (previously MakerDAO), has sold all 2.04 million ENA tokens he had claimed just a few hours…
Ethena (ENA) saw a 22.55% price increase, rising from $0.3312 to a high of $0.4059. Ethena Labs proposed adding Solana (SOL) as collateral for its synthetic stablecoin, USDe. The synthetic dollar protocol Ethena native crypto ENA has jumped more than 22.55% in the last 24 hours, rising from a low of $0.3312 to a high…
Ethena proposes Ethereal DEX integration for enhanced USDe reserve transparency. ENA token surges 11% as community discusses integration and stablecoin launch. Ethena community is actively discussing a new proposal aimed at integrating a decentralized exchange (DEX) named Ethereal into its reserve management system, establishing Ethereal as the network’s fully on-chain venue for spot and derivative…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 A famous crypto expert known for his accurate bullish token predictions is driving an insane altcoin buying frenzy in the crypto community after revealing ETFSwap (ETFS), Layer (ZRO), Celestia (TIA), and Ethena Labs (ENA) as 100x altcoins that can flip $1,000 early investments of smart investors in September to…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 A famous crypto expert known for his accurate bullish token predictions is driving an insane altcoin buying frenzy in the crypto community after revealing ETFSwap (ETFS), Layer (ZRO), Celestia (TIA), and Ethena Labs (ENA) as 100x altcoins that can flip $1,000 early investments of smart investors in September to…
Ethena Labs, the developer of decentralized stablecoin protocols, has announced the launch of its new stablecoin. UStb (USTB) is fully backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL). This latest offering is an extension of the partnership agreement between Ethena, BlackRock, and Securitize, a digital securities and real-world asset tokenization platform. Ethena’s current USDe…
September 27, 2024 at 04:28 PM GST updated: September 27, 2024 at 02:52 PM 2 mins read News Ethena Labs launches UStb, a stablecoin backed by BlackRock’s tokenized U.S. Treasuries, enhancing stability in crypto finance. UStb operates alongside USDe, providing users with an alternative risk profile and addressing market volatility effectively. Ethena’s proactive governance enables…
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethena Labs has partnered with Securitize to facilitate the launch, aiming to enhance…
Ethena Labs announced that is it working on the development of a new stablecoin backed by $9 trillion asset manager BlackRock. The Ethena stablecoin developers said Thursday that BlackRock has established a tokenized fund for the new UStb stablecoin. Digital securities platform Securitize is also a partner of the new project. The stablecoin will be…