Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
MEXC Ventures Invests $36 Million in Ethena and Its USDE Stablecoin
2025-03-12 13:34

Odaily News MEXC Ventures invests $36 million in Ethena and its USDE stablecoin to promote the adoption of synthetic dollars in decentralized finance (DeFi). Unlike traditional stablecoins, USDE is a synthetic stablecoin that is not backed 1:1 by fiat assets, but maintains its value by pledging other stablecoins and holding futures positions. (Coindesk)

Source Link
Recommended Articles
Cryptocurrency and Stock Weekly Report | Global listed companies net sold $53.72 million worth of BTC last week; US-listed Sequans sold 970 Bitcoins to reduce debt, causing its stock price to plummet 16% (November 11).
Weekly Funding Roundup | 10 projects secured funding, totaling $100 million (November 3-9)
The ORE flywheel logic with a monthly increase of 5000%: How does gambler's impulse create a deflationary narrative?
Jim Chanos, the "cynical" strategist on Wall Street, pulled off a perfect move: shorting MSTR and going long on BTC.
Pro
One-week token unlock: LINEA unlocked to 16.4% of circulating supply.
Data Breakdown: The Battle to Defend $100,000 – Will Bitcoin Rebound or Dip?
Interview with XT.COM COO: CEXs are facing severe internal competition; what is the way to break through?
The story of Brother Machi's "zeroing out": His account peaked at nearly $60 million, vanishing in 47 days.
24-Hour Flash News
2025-11-11 10:20
The two new wallets have collectively purchased approximately $3.82 million worth of LINK within four days.
2025-11-11 09:00
Startale Group launches the Startale App, a super application integrating Soneium ecosystem airdrops and L2 infrastructure.
2025-11-11 08:53
"Brother Machi" has a floating profit of nearly $580,000 on his ETH long positions and a floating loss of $530,000 on his UNI long positions.
2025-11-11 08:46
Binance Alpha: Users holding 220 points can receive a 50 ALLO airdrop; the point threshold will decrease by 5 points every 5 minutes.
2025-11-11 08:33
Franklin Templeton executive: Stablecoins are the "killer app" of crypto, and 2025 is the tipping point for institutional adoption.
2025-11-11 08:16
The whale deposited 500 BTC that it had withdrawn four months ago back into Gate, incurring a paper loss of approximately $8.32 million.
Important News
2025-11-11 10:20
The two new wallets have collectively purchased approximately $3.82 million worth of LINK within four days.
2025-11-11 09:00
Startale Group launches the Startale App, a super application integrating Soneium ecosystem airdrops and L2 infrastructure.
2025-11-11 08:53
"Brother Machi" has a floating profit of nearly $580,000 on his ETH long positions and a floating loss of $530,000 on his UNI long positions.
2025-11-11 08:46
Binance Alpha: Users holding 220 points can receive a 50 ALLO airdrop; the point threshold will decrease by 5 points every 5 minutes.
2025-11-11 08:33
Franklin Templeton executive: Stablecoins are the "killer app" of crypto, and 2025 is the tipping point for institutional adoption.
2025-11-11 08:16
The whale deposited 500 BTC that it had withdrawn four months ago back into Gate, incurring a paper loss of approximately $8.32 million.
Download Odaily App
Let Some People Understand Web3.0 First
IOS
Android