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ether.fi launches its own Ethena-backed stablecoin

ether.fi launches its own Ethena-backed stablecoin

ether.fi announces the launch of a US dollar-pegged stablecoin. Ethena will handle the issuance, with integration across all protocol products.

The ether.fi protocol announced the launch of its own stablecoin pegged to the US dollar.

Ethena, known for its decentralized finance solutions, is issuing the token.

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