Tether and Circle Are Losing Stablecoin Dominance: Here’s Why
TLDR: Tether and Circle control 86% of supply, down from 91.6% in March 2024, showing pressure from new entrants. Fintechs and exc...
Sui Blockchain to Host Native Stablecoins Backed by Ethena and BlackRock's Token...
Digital asset treasury firm SUIG, the Sui Foundation and Ethena teamed up to create two proprietary stablecoins for the network.
MEXC Ventures Raises Ethena Investment to $66M
The new investment builds on previous purchases of ENA and USDe, its synthetic stablecoin that tracks the value of the dollar with...
Ethena Scores $20M From M2 Capital to Push USDe Into Middle East Portfolios
TLDR: M2 Capital invested $20M in Ethena ($ENA) to strengthen Middle East crypto access through regulated offerings. Ethena’s USDe...
M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East
Ethena’s synthetic dollar protocol draws backing from UAE-based M2 Holdings affiliate
Former Binance Labs YZi Increases Ethena Stake as USDe TVL Hits $13B — What Do T...
YZi Labs, formerly Binance Labs, deepened its stake in Ethena Labs as USDe synthetic stablecoin reached $13 billion TVL with the f...
Ethena Labs Withdraws Bid for Hyperliquid’s USDH Stablecoin Amid Pushback
Ethena Labs has withdrawn its proposal to issue Hyperliquid’s upcoming USDH stablecoin, following vocal opposition from the commun...
Hyperliquid Faces Tough Competition as Ethena Proposes USDH Plan
TLDR Ethena Labs has become the sixth bidder for Hyperliquid’s USDH stablecoin. Ethena’s proposal includes backing USDH entirely b...
Ethena Joins Race for Hyperliquid's Stablecoin With BlackRock-Backed Proposal
Ethena's proposed stablecoin promises to return 95% of revenue to Hyperliquid’s ecosystem.
Ethena's ENA Rallies to 7-Month High on Binance Listing Fueling $500M Buyback Ho...
Listing the protocol's USDe token on major exchanges like Binance is a key requirement to enable a mechanism to share protocol rev...