Kraken Selected as Custody Partner for Ethena’s USDe Stablecoin
Ethena’s governance has approved Kraken Custody to safeguard the assets backing USDe, the protocol’s dollar-pegged stablecoin. This decision follows a comprehensive review by the Ethena Risk Committee (ERC), an independent group appointed by the Ethena DAO to assess core protocol risks. The ERC’s endorsement underscores
Revolut Stablecoin Payments Jump +156% as Real-World Use Grows
Crypto can’t thrive without infrastructure. Ordinary users, new to crypto, must always find a simple way of using the tech. Without wallets and wallet providers, it is impossible to move value. Same, if no one pumps billions to build or improve existing rails,
Ethereum Stablecoin Transfers Hit $8T: Here’s Why It Matters for ETH Price
Ethereum reportedly processed over $8 trillion in stablecoin transfers in Q4 2025, marking a new all-time high for the network. This surge in stablecoin volume on the Ethereum network was in stark contrast to the movements of ETH price itself, as the world’s
Ethena’s USDe Shrinks by $8.3B as Traders Flee Risky Stablecoins
Ethena’s synthetic dollar USDe has shrunk from about $14.7Bn to roughly $6.4Bn in just over two months after the October 10 crypto crash. That’s an $8.3Bn exit as traders unwind risk and move toward simpler, fiat-backed stablecoins. This all happened during the biggest
[LIVE] Crypto News Today, December 4 – ETH Breaks $3.2K on Fusaka Momentum, PIPPIN Memecoin Surges 130%: Best New Crypto to Buy?
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Crypto Market News Today, December 4: Ethereum Not Stopping After Fusaka, US-China Trade Truce, Charles Schwab to Launch Crypto
Charles Schwab plans, the latest twist in US-China trade talks, and the surge tied to the Ethereum Fusaka upgrade all hit the crypto market at the same time today, and the overlap is bullish. These three themes keep showing up today because they’re
USDe TVL Plummets -50%, MegaETH Presale Suffers Critical Technical Problem, Crypto Treasuries Reel: Where Do We Go From Here?
In today’s crypto update, Ethena saw its total value locked (TVL) drop from $14.8 billion to $7.6 billion, a reduction of more than 50% that highlights how tricky yield-bearing stablecoins can be. When markets grow, they grow fast. However, they contract just as
Is ZIL the Top New Cryptocurrency to Purchase as the Zilla Live platform Upgrade is Scheduled to Launch?
Zilliqa (ZIL) has been in existence since 2018 and is recognized for its scalability through sharding. Today marks a significant milestone for the distributed record platform as it is set to receive a protocol upgrade. Could this be the optimal new cryptocurrency to
Following the xUSD Collapse: Does Aave’s USDe Hardcode Expose DeFi’s Critical Weakness?
Following the events of this week, it is clear that Decentralized finance has entered a new era. Indeed, more than $132Bn is currently managed by various protocols, with Aave being the largest among them. Over the years, the team has established a reputation
ENA Releases $54M Tokens: Is Ethena’s Price Predestined to Decline Due to 2026 Unlock Timeline?
ENA digital currency has been experiencing significant decline recently. Not too long ago, it was positioned within the top 30 cryptocurrencies, but following the sell-off that occurred on October 10-11, most cryptocurrencies, including ENA USDT, have struggled to bounce back and recoup losses.
