CZ’s YZi Labs Intensifies Commitment to Ethena and USDe Stablecoin
YZi Labs, the family office associated with Binance’s founder Changpeng Zhao, is enhancing its price floor for Ethena Labs, the organization behind the synthetic dollar USDe. The timing is quite intriguing. Binance only recently started offering support for USDe across various services, and now YZi is stepping in with greater investment. It seems they are making a significant bet that Ethena is gaining real momentum.
Ethena’s Metrics Are Rising
This action by YZi Labs follows a considerable increase in both circulating supply and utilization of USDe. The stablecoin has surpassed 13 billion dollars in circulation, and the total value locked has exceeded 14 billion. Such growth tends to attract attention. For YZi, this is not a new alliance. They were early participants. However, this time, they’re going further, providing Ethena with more resources to expand across new platforms and introduce new functionalities.
#ENA News
YZi Labs (formerly Binance Labs) is amplifying its base level for Ethena Labs to promote broader USDe adoption across CEXs and DeFi, advance into BNB Chain, and develop new products USDtb and Converge. Ethena’s TVL has now surpassed $13B. pic.twitter.com/TLWWHK9Jcn
— Iron Heart (@Crypto_Apha) September 19, 2025
Ethena’s Future Goals
An important aspect of the strategy is to get USDe listed on more exchanges and integrated into additional Decentralized finance tools. This means more avenues for usage, increased liquidity, and ideally greater everyday adoption. Ethena is also aiming to strengthen its footprint on BNB Chain, which aligns nicely with the Binance relationship. Additionally, they are set to introduce two new products: USDtb, a fiat-backed stablecoin designed to comply with regulations, and a product named Converge, targeted as a settlement layer for institutions and real-world asset platforms.
EXPLORE: 9+ Top High-Risk, High-Reward Cryptos to Buy in September 2025
Why YZi Is Now More Vocal
There’s a strong possibility that YZi is looking to secure more influence while USDe continues its rapid growth. Being early provided them with a head start, but increased involvement now could allow them to influence upcoming developments. Additionally, Binance has just introduced USDe into areas like futures markets and yield products, making its broader usage likely a factor for YZi’s renewed interest, especially if market demand is seen increasing from those integrations.
Potential Challenges Ahead
Despite all the progress, several risks remain. Ensuring USDe functions effectively across multiple platforms requires more than just excitement. The infrastructure it depends on for stability involves risk management and coordination, which don’t always operate smoothly on a large scale. If any issues arise or if something feels amiss, trust can erode rapidly. Moreover, with new products like USDtb and Converge still development, there’s the added challenge of navigating regulatory frameworks without compromising speed.
EXPLORE: Next 1000X Crypto: 10+ Crypto Tokens That Can Achieve 1000x in 2025
Implications for the Broader Market
Stablecoins are evolving beyond mere dollar pegging. Currently, it’s also about their additional offerings. Yield, adaptability, and how well they integrate into both Decentralized finance and TradFi are equally significant. As USDe expands, it creates competitive pressure on other stablecoins to keep pace. Should Ethena succeed, it might steer the entire sector towards a new trajectory.
What to Monitor Going Forward
The central question now is follow-through. Pay attention to how swiftly USDe becomes available on more exchanges and applications. Observe whether USDtb and Converge actually launch and if they gain traction. Keep an eye on whether this additional backing from YZi translates into substantial growth or merely generates headlines. Regardless, Ethena has secured a more prominent position.
EXPLORE: 20+ Next Crypto to Explode in 2025
Join The 99Bitcoins News Discord Here For The Latest Crypto market Insights
Key Insights
- YZi Labs, linked to Binance founder CZ, is increasing its commitment to Ethena Labs, the issuer of the USDe stablecoin.
- USDe now boasts over $13 billion in circulation and more than $14 billion in total value locked, attracting renewed focus from YZi Labs.
- Ethena is aiming to broaden USDe’s reach into additional Decentralized finance tools and exchanges, while also set to launch USDtb and a product named Converge.
- The strengthened association with Binance, including USDe being integrated into yield and futures products, might be driving YZi’s intensified involvement.
- Even with the positive momentum, Ethena faces challenges related to scale, trust, and regulatory regulation as it pushes new products into the market.
The post CZ’s YZi Labs Steps Up Its Commitment to Ethena and USDe Stablecoin appeared first on 99Bitcoins.
