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Ethena Labs: Transforming the DeFi Space with USDe

Ethena Labs, the protocol behind the USDe stablecoin, has seen significant investment from YZi Labs, the family office of Binance co-founder Changpeng Zhao. This move comes as USDe's market cap surpasses $14 billion, making it the third-largest U.S. dollar-denominated crypto asset.

ethena-labs stablecoins
Sep 21, 2025