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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Ethena Proposes Adding SOL as USDe Backing Asset

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Solana Unveils Seeker, as Price Surges 5% Amid Bullish Momentum.

The post Ethena Proposes Adding SOL as USDe Backing Asset appeared first on Coinpedia Fintech News

The Ethena community has put forward a proposal to include SOL as a backing asset for USDe, using the same hedging mechanism already in place for BTC and ETH perpetual futures. The proposal also suggests adding BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as additional backing assets. This move could further diversify the stability and support for USDe, expanding its asset base beyond BTC and ETH. The community is now deliberating the proposal, which could strengthen USDe’s ecosystem.

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