After surpassing $16 billion in TVL, @ethena_labs made another big move, announcing a partnership with Plasma! 🚀
USDe/sUSDe officially launched on the Plasma ecosystem, with support on major DeFi platforms like Aave, Fluid, Curve, and Balancer on day one. Aave's deposit capacity reached nearly $1 billion.
This is a crucial step, as Plasma's initial launch brought over $2 billion in stablecoin liquidity. Meanwhile, Ethena's combined USDe + USDtb locked-in value has surpassed $16 billion, with the USDe portion accounting for approximately $14 billion.
Taken together, this means more capital flow, more technological empowerment, and more user access for Ethena. The combined popularity of Plasma and Ethena's TVL growth is driving USDe's penetration to new heights. What are your thoughts on this move? 🤔
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