Ethena, a new stablecoin, is gaining traction in the cryptocurrency space with partnerships and support from major exchanges like Binance and OKX. The collaboration with Bouncebit and Solv is seen as a game-changer for providing real yield on over $1 trillion of BTC collateral. Ethena is also being integrated into CeFi platforms, offering access to a large user base and feeless trading pairs.
Major crypto exchanges like Binance and OKX are supporting a new stablecoin, Ethena. Here's why. https://t.co/8epPU4y6ES
Ethena just got access to >20m users worldwide through: - Bybit USDe earn programme - USDe as collateral for perps - BTC/USDe and ETH/USDe feeless trading pairs Not an expert ofc but looks like adoption? https://t.co/ZiIBF3E4oZ
It's happening Ethena is becoming an integral part of CeFi https://t.co/ZPiYdbqmy3
Ethena is a new stablecoin built on capturing the short perp financing rate. I like it and I hope they don't screw it up. https://t.co/y659RkN4H4
New perpetual futures exchange features an “onchain Ethena” https://t.co/PIRo9F0PWG
Bouncebit + Ethena = Yield on BTC at scale https://t.co/sIidhx41dl
The @ethena_labs x @bounce_bit partnership is a significant unlock for providing real yield on >$1tn of BTC collateral There is significant unserved demand for generating yield on BTC And only one way to do it at billion dollar scale... Ethena https://t.co/zc9ZKH9lla
Solv + Ethena = A game-changer in BTCFi https://t.co/zCkQQR6QHM