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CoinGape 2024-04-05 08:29:57

Ethena Labs Boosts USDe with Bitcoin for Greater Scale

Ethena Labs announced the inclusion of Bitcoin as a backing asset for its USDe synthetic dollar. The DeFi protocol was communicated via X on Thursday. They aim to enhance the scalability and safety of their dollar-pegged token. This strategic move allows USDe to scale over 2.5 times its current capacity. It is in response to The post Ethena Labs Boosts USDe with Bitcoin for Greater Scale appeared first on CoinGape .

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