Ethena Labs Integrates Bitcoin as a Key Asset Support for USDe

Thursday, 4 April 2024, 20:08

Ethena Labs has announced the introduction of bitcoin as a backing asset for USDe, aligning with the recent uptrend in the cryptocurrency market. This move signifies a strategic decision by Ethena Labs to enhance the stability and value proposition of USDe in the digital currency landscape.
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Ethena Labs Integrates Bitcoin as a Key Asset Support for USDe

Ethena Labs Incorporates Bitcoin for USDe

USDe is now also being backed by bitcoin amid a resurgence in the world's oldest cryptocurrency, Ethena Labs said Thursday. USDe is now also being backed by bitcoin amid a resurgence in the world's oldest cryptocurrency, Ethena Labs said Thursday.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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