Bybit Integrates Ethena Lab’s USDe As Collateral And Bitcoin/Ether Spot Trading Pairs!
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Ethena on Tuesday announced a new partnership with crypto exchange giant Bybit to integrate USDe as a collateral asset. Further, this integration will also witness Bitcoin and ether spot trading pairs with USDe. Ethena Lab’s USDe stablecoin is the first-ever scalable synthetic dollar. The platform is also planning to launch the stablecoin in its earn platform that will allow its users to use their synthetic dollar to participate in the Bybit launch pool farming.
