World Liberty Financial (WLFI), Donald Trump's ambitious crypto project, just spent $250,000 USDC to snag 231,726 Ethena (ENA) tokens through Cow Protocol. This bumps their ENA holdings to 741,687, according to data from Arkham Intelligence.

A newly created wallet has acquired a significant 5.29 million ENA tokens from Binance.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Ethena Labs (ENA), a synthetic dollar protocol backed by BitMEX founder Arthur Hayes, is announcing a partnership with President-elect Donald Trump's decentralized finance (DeFi) project. In a new announcement on the social media platform X, Ethena Labs says it has entered into a strategic partnership with World Liberty Financial (WLFI).

Ethena has built a voting proposal for adding USDe as a major collateral asset to World Liberty Financial. The vote will take place after the official approval and launch of World Liberty Fi, the DeFi project backed by the Trump family.

Ethena Labs has partnered with World Liberty Financial to integrate its yield-bearing token, sUSDe, into WLFI's DeFi platform, aiming to enhance stablecoin liquidity and user rewards through a proposed governance initiative. The post Ethena Labs Partners with World Liberty Financial to Add sUSDe to Aave appeared first on Cryptonews.

Ethena Labs announced today that it is partnering with World Liberty Financial (WLFI), Donald Trump's token project. Together, they will list the sUSDe token from Ethena as a collateral asset on WLFI's Aave v3 instance.

Ethena Labs wants to integrate its staked synthetic dollar with World Liberty Financial, a DeFi protocol backed by President-elect Donald Trump.

Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18. The proposal stated that this partnership would boost capital efficiency and liquidity in WLFI's new Aave instance.

The announcement comes fresh on the heels of World Liberty's purchase of $500,000 worth of ENA tokens.

TL;DR World Liberty Financial, backed by Donald Trump, is seeking a long-term collaboration with Ethena Labs, starting with the integration of sUSDe as collateral in its DeFi protocol.

Ethena Labs has announced a strategic partnership with World Liberty Financial (WLFI), a cryptocurrency project backed by President-elect Donald Trump. The collaboration aims to enhance stablecoin liquidity and boost user rewards across WLFI's DeFi platforms.

World Liberty Financial has partnered with Ethena Labs to integrate Ethena's yield-bearing token, sUSDe.

The two firms are looking at "long-term collaboration" that will kick off with an implementation of the Ethena's yield-bearing token, sUSDe.

USDtb has reportedly passed rigorous audits and is backed by custodians like Copper and Coinbase Institutional.

The $ENA utility token underpinning crypto-native synthetic dollar protocol Ethena has risen 13% in the last seven days, outperforming market leaders Bitcoin ($BTC) and Ethereum ($ETH) over the same period.

Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock's BUIDL fund, featuring cross-chain functionality and multiple security audits, while showing strong market performance through its native token ENA.

Ethena Labs launched its USDtb stablecoin, backed by BlackRock's USD Institutional Digital Liquidity Fund while clocking $65 million in total-value-locked (TVL) on the first day.

This stablecoin is backed by BlackRock's BUIDL token, a money market fund tokenized with the help of Securitize. The big idea?

Ethena, an innovative platform in the DeFi world, has announced the launch of the stablecoin USDTB, backed by BlackRock.

Ethena has launched its new stablecoin, USDtb, backed primarily by BlackRock's BUIDL fund.

Ethena Labs has launched its BlackRock-backed USDtb stablecoin, attracting $65.4 million in total value locked within its first 24 hours.

Ethena's USDtb has already amassed more than $65 million in total value locked on the opening day.

Ethena Labs announced the launch of its USDtb stablecoin, which will leverage BlackRock's tokenized fund, USD Institutional Digital Liquidity Fund (BUIDL), for 90% of its backing. According to the Dec. 16 announcement, the partnership was facilitated by Securitize.

Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock's USD Institutional Digital Liquidity Fund, offering a 1:1 reserve ratio and designed for seamless transfers across multiple networks, enhancing stability and liquidity. The post Ethena Labs Launches USDtb Stablecoin Backed by BlackRock Liquidity Fund appeared first on Cryptonews.

Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock's USD Institutional Digital Liquidity Fund (BUIDL). According to a new announcement from the Arthur Hayes-backed crypto protocol, the new stablecoin, USDtb, will be Ethena's second stablecoin offering, following the project's flagship stablecoin USDe.

Ethena Labs launched a new stablecoin today called ‘USDtb.' Nearly 90% of the stablecoin's reserves are backed by BlackRock's BUIDL tokenized fund.

Ethena Labs has introduced USDtb, a stablecoin that's got the backing of Blackrock's USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin With Blackrock Support Crafted in collaboration with Securitize, a top dog in real-world asset (RWA) tokenization, USDtb brings cash-backed steadiness and the magic of cross-chain operations to the table.

Ethena Labs has launched USDtb, a 1:1 dollar-pegged stablecoin with multiple utilities in view.

TL;DR Ethena has launched its much-anticipated stablecoin, USDtb, backed by BlackRock's BUIDL fund, marking a significant milestone for the company. USDtb is designed to provide a stable and secure digital asset, with over 90% of its reserves held in BlackRock's BUIDL fund and the remaining 10% in stablecoins to facilitate redemptions.

Ethena Labs introduces USDtb stablecoin backed by BlackRocks BUIDL, designed to stabilize USDe and provide cross-chain transfers on LayerZero. The post Ethena Labs debuts USDtb backed by BlackRock's BUIDL appeared first on Crypto Briefing.

Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock's USD Institutional Digital Liquidity Fund.

Ethena introduces the USDtb stablecoin, backed by BlackRock's US Dollar Institutional Digital Liquidity Fund.

Synthetic dollar blockchain project Ethena is launching a new stablecoin, according to an announcement on Monday. Dubbed USDtb, the token will be backed by BlackRock's BUIDL fund, which has well over half a billion dollars worth of mostly U.S. Treasury bills under management.

Cryptocurrency prices are preparing for the popular Santa Claus rally that could propel most of them to multi-year or all-time highs. Bitcoin has already surged to a record high, and many altcoins could follow.

Ethena price is seeing a sharp bounce back jumping 4.54% in the last 24 hours all the way to $1.22 with its market cap soaring all the way to $3.57 billion. ENA eyes new all-time high above $1.5 as its synthetic dollar USDe hits $6 billion in market cap.

The protocol's governance token ENA rallied over the weekend as Donald Trump-affiliated World Liberty Financial invested in the token.

Ethena's growth has been quite remarkable, and now, there is a vivid possibility of it carving out a significant portion of the stablecoin market for itself.

Ethena (ENA), the DeFi token backed by World Liberty Financials (WLF), has gained significant attention following WLF's recent $500,000 investment. Known for its association with Donald Trump, WLF's endorsement of ENA is stirring curiosity in the crypto community.

Exploring ENA's upside potential after recent Trump-backed project move.

On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today's star performer is Ethena's ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%.

ENA, the native token of Ethena — an Ethereum-based synthetic dollar protocol — has experienced a 13% surge over the past 24 hours. This rally comes as the market awaits the launch of Ethena's new stablecoin product USDtb, on December 16.

Ethena price maintained a strong comeback as its assets jumped to a record high on the heels of Donald Trump's World Liberty Financial buying the token.

Skepticism around ENA could keep its price closer to its press time levels.

Ethena's USDe stablecoin recently surpassed Sky's Dai in market capitalization to become the third-largest stablecoin.

Ethena Labs is set to launch its synthetic stablecoin, USDe, on December 16, 2024, with its market cap already reaching $5.73 billion. Unlike traditional stablecoins like USDT or USDC, USDe is designed as a yield-generating asset rather than just a transaction tool.

Ethena Labs announced the launch of its synthetic USDe stablecoin on Dec. 16, 2024, as the token's market cap reached $5.73 billion, an all-time high.