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YZi Labs Announces Increased Stake in Ethena Labs
2025-09-19 21:08
BlockBeats News, September 19th, YZi Labs announced an increase in its holdings of Ethena Labs. Ethena Labs is the protocol behind USDe, which is the fastest-growing and third-largest USD-pegged crypto asset in history. YZi Labs' support will drive Ethena's next stage of development, including deeper adoption of USDe on both centralized and decentralized platforms, scaling on the BNB chain, and the development of new products such as USDtb (fiat-backed stablecoin) and Converge (institutional settlement layer).
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2025-09-19 12:43
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2025-09-19
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