PANews reported on September 8 that according to official news from Ethena Labs, it has made a strategic investment of millions of dollars in Based, an important participant in the Hyperliquid ecosystem, and reached a partnership. This partnership will promote the adoption of USDe, USDtb, and other unreleased Ethena products on Hyperliquid. Furthermore, Based plans to support USDe and USDtb as payment options on its debit card and embed savings functionality to further expand product use cases. Notably, this investment will exclusively benefit sENA token holders, with future sENA stakers receiving exclusive Based Points rewards. It is reported that Based is the largest builder code platform in the Hyperliquid ecosystem, accounting for approximately 7% of the current perpetual contract trading volume.PANews reported on September 8 that according to official news from Ethena Labs, it has made a strategic investment of millions of dollars in Based, an important participant in the Hyperliquid ecosystem, and reached a partnership. This partnership will promote the adoption of USDe, USDtb, and other unreleased Ethena products on Hyperliquid. Furthermore, Based plans to support USDe and USDtb as payment options on its debit card and embed savings functionality to further expand product use cases. Notably, this investment will exclusively benefit sENA token holders, with future sENA stakers receiving exclusive Based Points rewards. It is reported that Based is the largest builder code platform in the Hyperliquid ecosystem, accounting for approximately 7% of the current perpetual contract trading volume.
Ethena Labs strategically invests millions of dollars to advance the USDDe and USDtb ecosystems
PANews reported on September 8 that according to official news from Ethena Labs, it has made a strategic investment of millions of dollars in Based, an important participant in the Hyperliquid ecosystem, and reached a partnership.
This partnership will promote the adoption of USDe, USDtb, and other unreleased Ethena products on Hyperliquid. Furthermore, Based plans to support USDe and USDtb as payment options on its debit card and embed savings functionality to further expand product use cases. Notably, this investment will exclusively benefit sENA token holders, with future sENA stakers receiving exclusive Based Points rewards.
It is reported that Based is the largest builder code platform in the Hyperliquid ecosystem, accounting for approximately 7% of the current perpetual contract trading volume.
Market Opportunity
Ethena USDe Price(USDE)
$0.9994
$0.9994$0.9994
USD
Ethena USDe (USDE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Will US Banks Soon Accept Stablecoin Interest?
The post Will US Banks Soon Accept Stablecoin Interest? appeared on BitcoinEthereumNews.com. Coinbase CEO Brian Armstrong predicts US banks will reverse their stance
Share
BitcoinEthereumNews2025/12/27 22:36
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse
By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
BlackRock boosts AI and US equity exposure in $185 billion models
The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44