Ethena partners with Binance to embed USDe for 280m users and $190B in assets

Key Takeaways

  • Ethena has established a partnership with Binance to integrate its USDe stablecoin.
  • USDe will be available for more than 280 million Binance users and $190 billion in managed assets.

Ethena has partnered with Binance to integrate its USDe stablecoin across Binance’s platform, which serves more than 280 million users and manages over $190 billion in assets.

The integration will include USDe as reward-bearing collateral for futures and perpetuals trading, direct integration with Binance Earn, and USDe spot trading pairs.

“We are excited to announce one of our most important integrations to date,” Ethena said in announcing the partnership today.

The companies indicated additional features will be rolled out in the coming weeks.

Source: https://cryptobriefing.com/ethena-binance-usde-integration/