Buy Crypto Markets Spot FuturesGOLD Earn Event Center

Ethena Labs is teaming up with digital asset prime brokerage FalconX to enhance institutional adoption of Ethena’s synthetic dollar, USDe. FalconX announced on Sept. 4 that it had added spot trading, derivatives and custody support for USDe (USDe), the U.S.…Ethena Labs is teaming up with digital asset prime brokerage FalconX to enhance institutional adoption of Ethena’s synthetic dollar, USDe. FalconX announced on Sept. 4 that it had added spot trading, derivatives and custody support for USDe (USDe), the U.S.…

Ethena partners with FalconX for institutional adoption of USDe

Author: Crypto.news

Source: Crypto.news

2025/09/05 03:15

2 min read

U$0.001068+0.47%

USDE$0.9992-0.02%

For feedback or concerns regarding this content, please contact us at [email protected]

Ethena Labs is teaming up with digital asset prime brokerage FalconX to enhance institutional adoption of Ethena’s synthetic dollar, USDe.

Summary

Ethena Labs and FalconX are partnering to promote USDe adoption for institutions.
FalconX has added support for the dollar-denominated stablecoin across spot trading, derivatives and custody.

FalconX announced on Sept. 4 that it had added spot trading, derivatives and custody support for USDe (USDe), the U.S. dollar denominated stablecoin by Ethena (ENA).

The integration means institutional clients can now tap into FalconX for over-the-counter liquidity for USDe, a stablecoin that currently ranks as the third-largest by supply. USDe accounts for about $12.5 billion of the stablecoin market cap of $297 billion, with Tether (USDT) and USDC (USDC) at $168 billion and $72.5 billion the top two respectively.

In addition to OTC liquidity access, eligible institutional clients will be able to use USDe on FalconX as collateral. The feature will apply in certain credit and derivatives transactions, FalconX noted in a blog post.

Unlocking portable yield

FalconX hopes to unlock greater capital efficiency with this integration, expanding institutional access to USDe’s delta-neutral basis strategy. With the U.S. dollar-denominated stablecoin, users can tap into portable yield across decentralized finance and traditional finance ecosystems.

The platform will also extend market liquidity for both the USDe stablecoin and the native Ethena token, ENA, across selected venues, including bilateral trading channels and centralized and decentralized exchanges. In crypto, users can generate yield via staking, lending, and other strategies available to DeFi participants.

This move has the potential to bump up Ethena’s DeFi ecosystem.

Currently, the protocol boasts over $14 billion in total value locked. Key integrations for USDe that Ethena Labs has struck include a collaboration with the TON Foundation. Unveiled in May, the partnership aimed at increasing the stablecoin’s adoption across Telegram.

Market Opportunity

Union Price(U)

$0.001068

$0.001068$0.001068

+4.80%

USD

Union (U) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Tags:

#DeFi #Lending