🚀 Exciting News in Crypto! 🚀
Ethena Labs has just announced a groundbreaking integration with the Solana blockchain! This move will deploy the USDe stablecoin on Solana, introducing Layer Zero OFT and potentially adding SOL as a backing asset for USDe. 🌟
Key Highlights:
- Solana users can now conduct USDe transactions and earn rewards in sUSDe.
- Over 90% of Solana’s $3.5 billion stablecoin supply previously offered no rewards.
- Governance review next week on adding SOL as a backing asset, potentially unlocking $2-$3 billion in open interest.
Join the conversation! What are your thoughts on this integration? 💬
#CryptoNews #Blockchain #Solana #EthenaLabs