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Ether.fi Announces Dollar Stablecoin Powered by Ethena
The Defiant·October 6, 2026·1 min read
Ether.fi announced a dollar stablecoin powered by Ethena, which will manage reserves, minting, redemptions, and compliance. The platform reports more than $300 million in existing stablecoin balances, indicating significant demand. This new stablecoin aims to integrate with Ether.fi’s ecosystem, potentially offering yield opportunities and expanding the stablecoin market.
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