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Mhizeffizy
Ethena posted: EtherFi is about to launch its own stablecoin supported by Ethena Whitelabel. EtherFi holds over $300 million in stablecoin deposits on its platform. Ethena will be responsible for @ether_fi's reserves, minting, redemption, and compliance matters. Ethena will manage the US dollar end-to-end. Since launching its pioneering Cash card in 2024, EtherFi's cumulative spending has approached $1 billion, with over 100,000 active cards.

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