Ethena Growth Head Seraphim Czecker announced his resignation, stating that the stablecoin protocol is undergoing a strategic adjustment phase. Ethena launched this year, and its USDe stablecoin has become the fourth largest stablecoin by market capitalization, integrated into the Ethereum and Solana DeFi ecosystems, and listed on major centralized exchanges. Recently, Ethena launched a new stablecoin USDtb, adopting a reserve-backed model to differentiate itself from existing mechanisms. Seraphim stated he will continue to support the team as an observer while planning to explore other fields. (The Block)