Arthur Hayes envisioned a stablecoin independent of the fiat banking system. Ethena, inspired by his ideas, still relies on centralized systems like USDT, falling short of full decentralization.
Ethena unveils USDtb as a conservative alternative to its high-yield USDe stablecoin, while its governance token ENA surges 25% over the weekend following an investment from the Trump-led World Liberty Financial.
While DeFi yields are highly attractive to traditional investors, the DeFi market still carries risks, making the convergence of DeFi and TradFi a longer-term prospect.
While DeFi yields are highly attractive to traditional investors, the DeFi market still carries risks, making the convergence of DeFi and TradFi a longer-term prospect.
Arthur Hayes envisioned a stablecoin independent of the fiat banking system. Ethena, inspired by his ideas, still relies on centralized systems like USDT, falling short of full decentralization.
Ethena unveils USDtb as a conservative alternative to its high-yield USDe stablecoin, while its governance token ENA surges 25% over the weekend following an investment from the Trump-led World Liberty Financial.
Solv Protocol emerges as a major player in DeFi. The recent partnership with Ethena allows Bitcoin owners to earn between 10-15% APY by using Ethena’s strategies through Solv’s new yield vault.
Prompted by high interest rates and competition, stablecoins that earn yield are on the rise. Are they a fad or the new normal of the largest crypto-asset class?
Ethena Labs’ USDe stablecoin offers a high annual yield, sourced from funding payments and staking rewards. However, these particular sources of yield also expose the project to risks that could result in problems for the project during a bear market.
USDe, an "internet bond" backed stablecoin inspired by Arthur Hayes, shrugs off past criticism as it emerges unscathed from the weekend's market turmoil.
