Ethena USDe

Ethena is a synthetic USD protocol built on Ethereum that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure, as well as a globally accessible USD-denominated savings instrument - "Internet Bonds". Ethena&rsquo;s synthetic U.S. dollar USDe will provide the first censorship-resistant, scalable and stable cryptocurrency-native solution for funding enabled by delta-hedged Ethereum collateral. USDe will be fully transparently supported on-chain and freely composed throughout DeFi.
The stability of the USD peg is ensured by using delta-hedged derivative positions against the collateral held by the protocol.

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Veera Launches Ethena USDe Vault to Expand Yield Opportunities for Stablecoin Users

https://cdn.mytoken.org/out/ba332d21d7b8981d8cbd15c13f4db582

Ethena’s Synthetic Dollar USDe Expands to HTX Global to Serve Over 55M+ Users

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