
Ethena Labs introduces sUSDe as collateral for Trump-backed WLFI protocol
The partnership, if approved, will be a step into WLFI's vision of using stablecoins to maintain the dollar supremacy.

Insights into USDC adoption, stablecoin regulation, and integration across global financial systems.

The service will be available to all apps using Coinbase's solution that allows crypto investments.

The exchange mentions the new requirements for e-money tokens as the reason behind the USDC-related service shutdown.

Survey reveals rising stablecoin use for currency substitution and transactions in countries like Brazil and Nigeria.

Tether's USDT remains the dominant force, controlling over 50% of the market share after recording a 10.5% increase in market capitalization to reach $133 billion.

Circle CEO Jeremy Allaire said stablecoins have the potential to streamline cross-border trade and drive efficiencies in emerging markets.

The US-government controlled wallet held significant amounts of seized crypto linked to the Bitfinex hack in 2016.



