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    company

    Ethena

    Ethena is a synthetic dollar protocol built on crypto rails. It issues USDe, a dollar-denominated digital asset, and sUSDe, a savings asset.

    Key facts

    USDe launch
    February 2024source
    Mint and redeem volume
    more than $30bn moving through mint and redeem systemssource
    Binance partnership
    Ethena has partnered with Binance to embed USDe across its entire platformsource

    WYDE coverage of Ethena

    Sources

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