Former Binance Labs YZi Boosts Ethena Investment as USDe Reaches $13B TVL

Reported 2 days ago

Formerly Binance Labs, YZi has increased its investment in Ethena Labs as the USDe stablecoin achieves a total value locked (TVL) of $13 billion, overcoming European regulatory hurdles. This support aims to enhance USDe integration across various platforms and develop new compliant products while benefiting from the growing institutional interest in synthetic yield-bearing stablecoins.

Source: YAHOO

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