Ethena Labs: USDe Binance Reward Program to Launch by End of September

BlockBeats News, on September 9th, Ethena Labs announced that USDe will become the first external USD asset available as collateral on the Binance platform with native rewards.

Similar to partnerships with other exchanges, Binance users will simply need to hold USDe in any capacity on the platform (including for portfolio margin, futures, and perpetual contract trading) to receive weekly rewards paid by Binance. The USDe reward mechanism on Binance will launch at the end of September.