Ethena Labs To Launch USDe Stablecoin, Pegged To USD

Ethena Labs will launch a new synthetic stablecoin referred to as the USDe on the 16th of Dec. However, USDe is not like the other stablecoins such as USDT or USDC, since it is a yield-generating asset. A Yield-Generating Alternative to Traditional Stablecoins USDe sets itself apart from conventional fiat-backed stablecoins through a unique mechanism. […] The post Ethena Labs To Launch USDe... source: https://www.thecoinrepublic.com/2024/12/14/ethena-labs-to-launch-usde-stablecoin-pegged-to-usd/