The Sui blockchain will soon host its first native stablecoins, following a three-way partnership between publicly-traded…
Tag: Ethena
CZ’s Family Office Deepens Stake in Ethena Labs as USDe Stablecoin Supply Tops $13B
YZi Labs, the family office founded by Binance co-founder Changpeng “CZ” Zhao and Yi He, which…
YZi Labs Deepens Stake in Stablecoin Issuer Ethena
Tech-focused venture capital firm YZi Labs has increased its stake in Ethena, the stablecoin issuer behind…
Ethena Partners With Flowdesk as USDe Surges Past $14B
The rapid growth of the Ethena stablecoin ecosystem continued on Friday as Ethena Labs announced a…
Ethena Bows Out of Hyperliquid’s USDH Race Following Community Pushback
Key Takeaways Ethena has withdrawn from the race to issue Hyperliquid’s USDH stablecoin. The third-largest stablecoin…
Crypto Pundits Bullish on Bitcoin (BTC), Ethena (ENA), Solana (SOL), HYPE, BNB
Key economic data released Thursday indicate that the U.S. economy may be on the brink of…
Mega Matrix Bets on Ethena Stablecoin Ecosystem
Public holding company Mega Matrix (MPU) has made the Ethena stablecoin ecosystem the centerpiece of its…
Joins Race to Issue Hyperliquid’s USDH Stablecoin With BlackRock-Backed Token
Decentralized finance protocol Ethena ENA$0.8161 submitted Tuesday a proposal to issue Hyperliquid’s upcoming stablecoin, joining a…
Hyperliquid’s USDH Bidding Heats Up as Ethena Enters as Contender
Ethena Labs became the sixth bidder for Hyperliquid’s USDH stablecoin, announcing its proposal in a Tuesday…
MegaETH to launch Stablecoin with Ethena to Keep Blockchain Fees Low
MegaETH, an Ethereum scaling network designed for transactions that process so quickly it calls itself a…
TLGY, StablecoinX raise $530M PIPE as Ethena USDe hits $12B
StablecoinX and TLGY Acquisition have secured an additional $530 million in financing to buy digital assets,…
Mega Matrix (MPU) Files $2B Shelf to Fund Ethena (ENA) Bet
NYSE-listed firm Mega Matrix (MPU) filed a $2 billion shelf registration on Thursday to establish a…
LDO, ENA Tokens Rally More Than 10% as Traders Snap Up Cheap Staking Tokens
Crypto traders bought the dip in several Ethereum staking tokens on Friday, lifting the likes of…
Markets Today: Bitcoin, Ether Hold Gains as Ethena Hits $11.9B TVL, Pudgy Penguins Race to F1
The global crypto market cap rose 2% in the past 24 hours to $4.03 trillion as…
Ethena Overtakes Rivals With $9.3B Supply, Now Third in Stablecoins, Sixth in DeFi TVL
Key Takeaways Ethena’s synthetic stablecoin USDe has surged to become the third-largest stablecoin by market cap.…
Ethena’s USDe Outpaces BlackRock’s Bitcoin, Ether ETFs With $3.1B Inflow Surge
Ethena’s synthetic stablecoin, USDe, has crossed $8.4 billion in supply, adding more than $3.14 billion over…
Ethena Labs, BaFin Finalize USDe Redemption Plan After Regulatory Crackdown
Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH,…
Ethena, TON To Power Dollar Payments for Telegram’s Billion-User Network
Key Takeaways Tether (USDT) is currently the only stablecoin live on TON, with nearly $900 million…