Ethena's Yield-Driven Stablecoin Play Reshapes Crypto's Next Frontier
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最新报道：Ethena has joined Hyperliquid's USDH bidding as the sixth contender, intensifying competition among protocols seeking proprietary stablecoin partnerships. MegaETH recently partnered with Ethena to launch USDm, a stablecoin initially backed by Ethena’s USDtb, aiming to reduce blockchain fees by subsidizing sequencer costs. Ethena’s ENA token rose 7% in 24 hours, reflecting growing investor confidence. USDtb, backed by BlackRock’s tokenized fund and compliant under the U.S. GENIUS Act, is gaining institutional traction. Ethena’s USDe stablecoin reached $12.6 billion in supply within ten months, generating over $500 million in revenue, with weekly earnings exceeding $13 million.
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