What is Ethena, the stablecoin issuer now partnering with BlackRock?

The stablecoin market is booming, with more players vying for a share than ever. Among the most remarkable new entrants is Ethena, a Lisbon-based decentralized stablecoin issuer that stands out with its innovative design and a stellar rise.
In February 2024, Ethena launched USDe, a decentralized s…
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