Stablecoin – Snark

A high-definition photorealistic image depicting the concept of Ethena Labs seeking to expand the collateral pool for USDe Stablecoin. It features symbol of Ethena Labs, a pool overflowing with USDe Stablecoins and a vast open area symbolizing expansion.

Ethena Labs Seeks to Expand Collateral Pool for USDe Stablecoin

14 October 202416 April 2025Jason Greyson

Ethena Labs, the developer behind the synthetic stablecoin USDe, aims to diversify its collateral pool by incorporating SOL into its treasury holdings. Unlike traditional stablecoins backed by fiat assets, USDe maintains stability through a combination of collateralization, hedged trades, and risk-managed reserves. If approved by the independent Risk Committee, SOL will join USDe as a […]