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Coinpedia
2024-12-13 10:01:58

Ethena Labs Hints at USDe Stablecoin Launch Pegged to USD on Dec. 16

Ethena Labs Hints at USDe Stablecoin Launch Pegged to USD on Dec. 16

The post Ethena Labs Hints at USDe Stablecoin Launch Pegged to USD on Dec. 16 appeared first on Coinpedia Fintech News Ethena Labs is set to launch its synthetic stablecoin, USDe, on December 16, 2024, with its market cap already reaching $5.73 billion. Unlike traditional stablecoins like USDT or USDC, USDe is designed as a yield-generating asset rather than just a transaction tool. USDe has quickly gained traction in the decentralized finance (DeFi) world, with its …

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