💰 x⚾️ Ethena Launches eSui Dollar, a Synthetic Dollar on Sui Source Ethena's White Label Launch Immediately usable on major Sui DeFi protocols Ticker: suiUSDe ❓ What is Ethena's White Label? · Stablecoin-as-a-Service (SaaS) model · Enables blockchains and applications to issue their own branded stablecoins · Backend support for delta-neutral hedging strategies and dual collateralization options · Issuers retain control, with Ethena handling complexities · MegaETH, Jupiter, and Sui launches 🔥 Expected Benefits · Ethena's TVL growth · Sui also offers TVL growth and DeFi yield opportunities · Integration with major DeFi-enabled chains will increase the usability of Ethena's white label infrastructure in the future ✍️ Ethena is also steadily building its stack. Of course, we're also preparing a regulatory-compliant stablecoin, but given its inherent nature as a yield-generating stablecoin, Ethena will likely only be able to fully engage once discussions regarding interest payments in the US are concluded. Until then, there's still uncertainty, so let's lay the groundwork for this. As a bonus, Ethena is also holding a Lunar New Year event on Twitter. They're giving away Korean beef sets and Starbucks coffee, so let's go collect some scrap paper(?). #Ethena #Sui #Ethena #Stablecoin #KOL