Bybit Exchange Boosts Portfolio with Integration of Ethena’s USDe Coin (USDe)

• Ethena Labs announces the integration of its stablecoin, USDe, by Bybit, one of the world’s largest crypto exchanges.
• USDe will be used on Bybit as collateral for perpetual futures, as a spot trading pair for Bitcoin and Ethereum, and as part of the trading platform’s Earn program.
• Despite a slight dip following the announcement, ENA, the governance token of the Ethena blockchain, is still up 9% in the last 24 hours.

Ethena Labs’ stablecoin, USDe, gets a significant boost as it is integrated by Bybit, the third-largest crypto exchange. This development could potentially impact the future of stablecoins and their role in the crypto market.

USDe Integration by Bybit

Ethena Labs has announced a major development for its Ethereum-based USD-pegged stablecoin, USDe. The stablecoin is being integrated by Bybit, one of the world’s largest crypto ... Read the full article for FREE at COINOTAG!