ether.fi launched the US dollar stablecoin ether.fi USD, supported by Ethena

The Ethereum re-staking protocol ether.fi announced the launch of the dollar-pegged stablecoin ether.fi USD (USD), which is technically supported by Ethena.

ether.fi stated that there are currently over 300 million dollars worth of stablecoin assets operating within its ecosystem, and the launch of USD will natively integrate the liquidity of these stablecoins into its upcoming products.