News linked to both this project and an event.
Odaily News: A wallet suspected to be associated with the Ethena team has withdrawn a cumulative $68.26 million worth of ENA from centralized exchanges. Approximately 2 hours ago, it withdrew $13.1 million worth of ENA from Bybit and $55.16 million worth of ENA from Coinbase. The Ethena project team posted a series of transaction hashes on X 8 hours ago, though the specific details have not yet been disclosed.
Ethena founder Guy Young stated that USDe backing assets currently have no direct exposure to stETH or other liquid staking tokens, and he expects this incident will not impact Ethena.
According to a post by the Blockchain Association (@BlockchainAssn), the Blockchain Association has officially launched the Vaults Workstream, bringing together dozens of leading member organizations including a16z Crypto, Aave, Uniswap, Grayscale, dYdX Foundation, Ethena, Morpho, and Multicoin to participate in Washington-based policy discussions on on-chain finance. As an emerging component of on-chain finance infrastructure, Vaults can provide users with diverse asset exposure, support composable and personalized investment strategies, and offer high flexibility in manual control, governance, and risk management. Members of this workstream will engage directly with the SEC to assist legislators in understanding Vault mechanics and the applicability of existing regulatory frameworks, with the goal of aligning regulatory rules with technological development to ensure the United States maintains its leading position in on-chain financial innovation.
Bybit USDe currently offers a 5% APR. Users only need to hold USDe on Bybit to participate in yield generation, with no additional staking or locking required. Yields are distributed daily, while USDe remains available for trading, further enhancing capital efficiency. USDe is a decentralized stablecoin issued by Ethena, pegged 1:1 to the US dollar. Unlike traditional stablecoins backed by fiat reserves, USDe constructs a delta-neutral strategy through crypto asset collateral and derivatives hedging, generating yield while mitigating the impact of directional market volatility. Beyond purchasing USDe directly on the market, Bybit also offers a convenient Mint & Redeem service. Users can mint and redeem USDe on Bybit, providing an alternative channel for acquisition and exit beyond secondary market trading.
According to a Binance announcement, Binance Leverage now supports cross margin leveraged pairs for ARB/U and ENA/USD1.
Odaily reports: Several partnership plans previously announced by the Trump family's crypto project World Liberty Financial have yet to materialize, including having Aave support its lending market, using Ethena's stablecoin as collateral, and bringing tokenized U.S. Treasuries and equities onto the World Liberty platform through Ondo.According to Nansen and Arkham data, the "strategic token reserve" previously established by World Liberty has also undergone significant changes, with most of its holdings of LINK, AAVE, ENA, and MOVE subsequently transferred or disposed of, and some assets moved into centralized exchange accounts. Nansen analysis shows that after World Liberty's token purchases were detected on-chain, the relevant tokens typically rose 10% to 26% within a day, but most of those gains failed to hold.World Liberty stated that the company continuously adjusts its strategy based on market changes and business priorities, and emphasized that it has no connection to decision-making by the Trump administration. (Bloomberg)
According to a Binance announcement, spot trading pairs ARB/USDT and ENA/USDT will be listed on September 22, 2026, at 16:00 (UTC+8), with spot algorithmic order services simultaneously enabled for them. Additionally, spot grid and spot DCA (Dollar-Cost Averaging) services will be enabled for NVDAB/USDT and QQQB/USDT.
: Ethereum Layer 2 network Mantle has launched USDG, a stablecoin issued by Paxos, and joined the Global Dollar Network as a partner. USDG has become one of the first stablecoins natively minted on Mantle, with Mantle eligible to receive a portion of the rewards generated by USDG activity.USDG has a market capitalization of approximately $3.18 billion, ranking as the seventh-largest stablecoin by DefiLlama data. The stablecoin is issued by Paxos and complies with regulatory frameworks in Singapore and the European Union, with Paxos publishing monthly reserve reports.The Mantle ecosystem also offers Agora's AUSD, Ethena's USDe, and Tether's USDT0. Mantle stated that USDG will be used for DeFi applications within the ecosystem and institutional capital allocation.As of Wednesday, Mantle's distributed real-world asset value stood at $234.2 million, up 19% over the past 30 days. (Cointelegraph)
According to official announcements, Mantle has announced that USDG, a US dollar stablecoin issued by Paxos, has officially launched, becoming one of the first native stablecoins on the Mantle network. This integration establishes Mantle as a partner of the Global Dollar Network (GDN). Mantle will directly participate in GDN's reward-sharing mechanism, standing alongside over 150 partners, including Robinhood and Kraken, to drive user growth. As one of the few stablecoins subject to dual regulation under both the Monetary Authority of Singapore (MAS) and the European Union's MiCA framework, USDG currently has a circulating value exceeding $3.5 billion. One of Mantle's missions is to introduce more institutional-grade assets, including tokenized equities, yield-bearing stablecoins, and tokenized funds, thereby providing borderless investment access for everyone. The integration of USDG will further advance Mantle's development into an open financial network bridging institutional players and users. According to reports, the addition of USDG further enriches Mantle's existing portfolio of institutional-grade assets, which includes Agora's AUSD, Ethena's USDe, Ondo's USDY, and Tether's USDT0, among others. Over the past year, Mantle's stablecoin TVL has surpassed $982 million, with RWA T
Decentralized project Ethena has officially launched the USDE-based Money App, currently covering 48 countries worldwide, aiming to leverage stablecoins to enhance the efficiency of financial services.
According to The Block, Ethena Labs has officially launched the beta version of its self-custody payment app, Ethena Pay, built on Avalanche, which is now available in 48 countries including Brazil, Japan, Singapore, and Kenya. Users can receive funds via IBAN or cryptocurrency, hold balances in USDe, and benefit from fee-free instant global transfers. The app features three membership tiers: Standard (free), Pro (requires locking $2,000 worth of ENA or inviting 10 users), and VIP (requires locking $10,000 worth of ENA or inviting 50 users), offering respective annual yields of 5%, 6%, and 6%, with balance caps of $5,000, $15,000, and $50,000. The Ethena Pay card provides a 4%–5% base cashback (settled in AVAX), while Pro and VIP users enjoy up to 10% exclusive cashback at brands such as Uber, Spotify, and Claude. The backend infrastructure is powered by Iron, a subsidiary of MoonPay. Markets including the United States and the European Union were not part of the initial launch and will be progressively rolled out once regulatory compliance is achieved.
Odaily News, stablecoin protocol Ethena has announced four ecosystem updates, including buying back some locked tokens from early investors, adjusting the relationship between tokens and equity, launching a revenue buyback mechanism, and canceling VC monthly unlocks.The Ethena Foundation stated that it has completed buybacks of locked ENA tokens from certain large seed round investors who had sold ENA over the past nine months.At the same time, the Ethena Foundation has entered into a master framework agreement with Ethena Labs, transferring the intellectual property and value generated by the protocol to the Foundation, governed by ENA token holders, ensuring that protocol value growth does not result in residual cash flows flowing to Labs equity investors.In addition, an Ethena governance proposal has been launched to enable a "fee switch" that would use net income generated from various business lines under the Ethena brand for programmatic buybacks of ENA tokens. The proposal has been approved by the Risk Committee.Ethena also announced the cancellation of monthly unlock arrangements for future VC investors, eliminating market concerns about sustained sell pressure by releasing unvested tokens; team tokens will still follow the original lock-up and vesting schedule. These adjustments are aimed at further strengthening the binding relationship between ENA tokens and protocol value.
据 GlobeNewswire 报道，纳斯达克上市公司 StablecoinX Inc.（股票代码：USDE）发布截至 2026 年 6 月 30 日的第二季度财报。公司于 6 月 25 日完成与 TLGY Acquisition Corporation 的业务合并并正式登陆纳斯达克，持有约 30 亿枚 ENA 代币（截至 6 月 30 日价值约 2.184 亿美元），总资产达 2.326 亿美元。运营层面，公司去中心化验证节点（DVN）累计跨链验证量突破 30 亿美元，并于 7 月 2 日上线 StablecoinX Harness 中间件平台，完成首个企业客户签约。 Ethena 生态方面，USDe 供应量达 39 亿
Odaily News, Ground COO Stephanie Vaughan stated that the current DeFi industry is陷入 a "yield war," but market participants are more focused on securing distribution access to fintech platforms, overlooking the real problems users need to solve.She pointed out that Robinhood, Coinbase, Revolut, and Kraken are competing for user funds, while protocols such as Aave, Morpho, and Ethena are competing to become the infrastructure for lending strategies. Vault service providers and risk management institutions are also competing around fintech platforms. However, this model does not establish DeFi's own user relationships—it merely fights for the opportunity to be selected by platforms.Stephanie believes that the current market is signaling that DeFi products have near-zero pricing power. Much of the yield comes from subsidies provided by platforms, Vault service providers, strategy providers, or underlying protocols, rather than genuine demand created by the products themselves. This is more like paying "shelf fees" than achieving true distribution capabilities.She further noted that some multi-strategy Vaults suffer from issues such as idle capital, deployment delays, and slow governance processes, resulting in a gap between the actual returns users receive and the advertised APY. In contrast, traditional financial products like money market funds can put capital to work immediately.Stephanie stated that with declining L2 costs and maturing cross-chain infrastructure, the chain itself is no longer a core competitive advantage. In the future, DeFi should build products closer to personal execution environments, driven by user needs. She believes the competitive focus should shift from shared Vaults to infrastructure like MPC wallets, allowing users to retain control over strategies while platforms handle execution and streamline processes.
Ethena announced on the X platform its official launch on the Monad blockchain. USDe and sUSDe are now available across the entire Monad ecosystem, including integration with Monad's Aave instance, enabling Ethena users to borrow stablecoin liquidity at scale. Additionally, parallelized EVM USDe is now live.
Coinbase released a monthly review on July 1, stating that in the first half of the year, it advanced its product layout around the strategy of "every asset, every market, one platform," covering tokenized stocks, pre-IPO perpetual contracts, stock options, crypto options, stock index perpetual futures, AI tools, payments, stablecoins, and on-chain infrastructure. Coinbase stated that the tokenized stocks are 1:1 backed shares of US companies, expected to include dividends, on-chain trading, holding, and redemption functions, and are not available to US persons. Coinbase also noted that its pre-IPO perpetual contracts will start with SpaceX and then expand to OpenAI and Anthropic, and will offer crypto options through integration with Deribit. Coinbase CEO Brian Armstrong said on July 3 that Coinbase is one of the companies with the highest level of AI application globally. Coinbase also stated that it has launched a direct INR on-ramp in India, become the official deployer of the USDC treasury wallet for Hyperliquid, partnered with Ethena across over $50 billion in assets, and mentioned transferring approximately $4.4 billion USDC to the Hyperliquid deployer. (Bitcoin.com News).
according to on-chain sleuth Specter's monitoring, Arthur Hayes once promoted what he called the "Holy Trinity"—HYPE, ZEC, and NEAR—predicting that HYPE would reach $150. He also published a Substack article promoting HYPE. A few days later, Arthur Hayes sold all three tokens.Subsequently, Arthur promoted WLD, posting "This shitcoin is going to moon." Three days later, Arthur Hayes announced "I'm out."After that, Arthur promoted CARDS with a target price of $4. One day later, a linked wallet deposited 1.9 million CARDS into an exchange.In 2024, Arthur promoted ENA and, approximately one hour later, deposited ENA worth $8.4 million into a CEX.
According to The Block, Trump's annual financial disclosure report (totaling 927 pages) released by the U.S. Office of Government Ethics shows that Trump received significant crypto-related income through his family crypto company World Liberty Financial (WLF), including over $65.6 million from the sale of WLF Holdco equity and approximately $236.25 million from WLF token sale allocations. Additionally, the report disclosed his cold wallets holding various crypto assets such as Bitcoin, Ethereum, USDC, LINK, AAVE, ENA, MOVE, and ONDO, and that he received approximately $1.8 million in Ethereum staking rewards. Trump also holds up to $100,000 in Coinbase stock and multiple investments in Strategy (formerly MicroStrategy). In contrast, Vice President JD Vance's annual financial report is only 17 pages, disclosing that he holds Bitcoin valued at up to $500,000.
StablecoinX 完成与 TLGY 合并后周五在纳斯达克上市交易，股票代码 USDE，专注于 Ethena 生态系统基础设施支持。
: According to official announcements, Binance will update the collateral ratios and tiered collateral ratios for Portfolio Margin and Portfolio Margin Pro at 14:00 (East Eight Time Zone) on June 26, 2026. This involves assets such as ADA, TRX, DOT, ARB, OP, ENA, and VIRTUAL. At the same time, Binance Futures will adjust the leverage and margin tiers for certain USDⓈ-M perpetual contracts at 14:30 (East Eight Time Zone) on June 26, 2026. The affected contracts include BICOUSDT, ANIMEUSDT, WCTUSDT, 1000SATSUSDT, ZKCUSDT, BASEDUSDT, DOODUSDT, PLAYUSDT, TNSRUSDT, SOPHUSDT, and SIGNUSDT.