Add as a preferred source on GoogleEthena Deploys USDe on X Layer as OKX Wallet Plans More Support
Users can hold and trade the synthetic dollar on X Layer now. Staking and looping support in OKX Wallet are planned for later.
Ethena has deployed its synthetic dollar, USDe, natively on X Layer, giving users in the network’s ecosystem another stablecoin to hold and trade.
The deployment adds an asset choice for X Layer trading, liquidity and yield applications. It also lays groundwork for future composability across decentralized finance services.
OKX Wallet plans to support USDe staking and add the token to its existing looping earn feature. When those functions become available, users will be able to join related onchain strategies with one tap.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.