Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed intentions to add the SOL token as a backing asset for the stablecoin, according to an Aug. 7 statement. USDe’s integration with Solana was achieved through LayerZero’s omnichannel fungible token (OFT). Ethena Labs noted that over 90% of Solana’s $3.5 billion […]
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Go here to Read this Fast! Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing
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Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing