YZi Labs Boosts Investment in Ethena Labs to Expand USDe Stablecoin Ecosystem

Key Takeaways:YZi Labs has increased its investment in Ethena Labs, deepening its backing of the USDe stablecoin project. The new funding will accelerate USDe’s expansion across centralized exchanges (CEXs) and DeFi platforms, while promoting adoption on the BNB Chain. Ethena Labs aims to build a sustainable, crypto-native synthetic dollar that strengthens on-chain USD liquidity. YZi Labs announced on Thursday that it has expanded its investment in Ethena Labs, reaffirming confidence in the team’s vision for USDe, its synthetic dollar stablecoin source: https://www.binance.com/en/square/post/29934308957409?utm_source=BinanceNewsRSS