Published Social post

The Block (@TheBlockCo): THE BLOCK: EtherFi is launching its own stablecoin, EtherFi USD, using Ethena's white-label infrastructure, with Ethena managing reserves, minting, re…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

THE BLOCK: EtherFi is launching its own stablecoin, EtherFi USD, using Ethena's white-label infrastructure, with Ethena managing reserves, minting, redemption, and compliance. EtherFi currently holds more than $300 million in stablecoin deposits across its platform. $ETHFI $ENA

Back to news archive