Ethena Labs adds Bitcoin backing to its USDe synthetic dollar

USDe is already backed by Ether, Ether-based liquid staking tokens and Tether, but Ethena says Bitcoin will provide more “safe” and “robust” product for USDe token holders.

Apr 5, 2024 - 14:00
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Ethena Labs adds Bitcoin backing to its USDe synthetic dollar

USDe is already backed by Ether, Ether-based liquid staking tokens and Tether, but Ethena says Bitcoin will provide more “safe” and “robust” product for USDe token holders.

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