YZi Labs Expands Investment in Ethena as USDe Surpasses $13 Billion
YZi Labs, linked to Binance founder Changpeng Zhao, is significantly increasing its investment in Ethena Labs, the creator of the USDe stablecoin, which has recently surpassed a supply of $13 billion. This move reflects YZi Labs' confidence in the potential of USDe and the broader cryptocurrency market, suggesting a strong institutional interest in digital currencies and enhancing the credibility of USDe in the stablecoin sector.
YZi Labs Expands Investment in Ethena as USDe Surpasses $13 Billion
YZi Labs, linked to Binance founder Changpeng Zhao, is significantly increasing its investment in Ethena Labs, the creator of the USDe stablecoin, which has recently surpassed a supply of $13 billion. This move reflects YZi Labs' confidence in the potential of USDe and the broader cryptocurrency market, suggesting a strong institutional interest in digital currencies and enhancing the credibility of USDe in the stablecoin sector.
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