Ethena is positioning its synthetic dollar token USDe at the center of what it calls the next major contest in crypto: the fight to build scalable, reward-bearing ‘onchain dollars’ that can function across DeFi, centralized exchanges, and eventually traditional finance. In an interview published in TokenPost’s “TOKEN WATCH” series on Thursday ET, the team behind Ethena described USDe as a ‘crypto-native’ alternative to conventional stablecoins—one that targets persistent market demand for U.S.
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