Ether.fi Is Launching Its Own Stablecoin, With Ethena Running the Reserves

4 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$300M

stablecoins on ether.fi

$ETH

$2,699

+0.3%

$USDE

$4.97B mcap

Ethena will handle reserves, minting, redemptions and compliance for ether.fi USD, a token aimed at the more than $300 million in stablecoins already on ether.fi.