Donald Trump

World

Liberty

Read

Ethena

<p><strong>Key Points:</strong></p>  
<ul class="wp-block-list">
 <li><em>World Liberty Financial has partnered with Ethena Labs to integrate Ethena's yield-bearing token, sUSDe.</em></li>  
 <li><em>WLFI has purchased $600,000 in ENA tokens and is converting stablecoins raised from its token sale and Justin Sun’s $30 million investment.</em></li> 
</ul>  
<h5 class="wp-block-heading">World Liberty Financial (WLFI) is a growing decentralized finance (DeFi) project with backing from President-elect Donald Trump that is strengthening its ties with established players in the crypto industry through a new collaboration with Ethena Labs.</h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/12/image-203-3.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/12/image-203-3-1024x576.jpg" alt="World Liberty Financial Entered Into a Strategic Partnership with Ethena" class="wp-image-297734"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<p class="has-background" style="background-color:#222222">Read more: <a href="https://coincu.com/292171-world-liberty-financial-integrates-chainlink/" rel="noopener noreferrer nofollow"></a><a href="https://coincu.com/wp-admin/post.php?post=292171&amp;action=edit" rel="noopener noreferrer nofollow">World Liberty Financial Integrates Chainlink To Secure On-chain Data</a></p>  
<h2 class="wp-block-heading" id="world-liberty-financial-partners-with-ethena-labs-for-new-defi-collaboration">World Liberty Financial Partners with Ethena Labs for New DeFi Collaboration</h2>  
<p>The two companies <a href="https://x.com/ethena_labs/status/1869413534125510677" target="_blank" rel="noopener noreferrer nofollow">announced</a> using Ethena's yield-bearing token, sUSDe, within the new Aave instance of WLFI. This initiative conducted an increase in rewards allocated to WLFI users by distributing the sUSDe and the WLF tokens.</p>  
<p><a href="https://coincu.com/289594-world-liberty-financial-review/" target="_blank" rel="noopener noreferrer nofollow">World Liberty Financial</a> and <a href="https://coincu.com/256598-ethena-labs-partners-with-swell-l2/" target="_blank" rel="noopener noreferrer nofollow">Ethena</a> will continue to enjoy a long-term relationship, as the partnership amounts to a "long-term collaboration".</p>  
<p>A governance proposal has been submitted to the board for approval, whereby it is proposed to make sUSDe a core collateral asset on the Aave platform. The vote will take place among the WLFI governance this week.</p>  
<h2 class="wp-block-heading" id="ethena-labs-launches-usdtb-stablecoin-backed-by-blackrock-s-buidl-fund">Ethena Labs Launches USDtb Stablecoin Backed by BlackRock’s BUIDL Fund</h2>  
<p>The announcement is the latest step in the project's expansion, following WLFI's recent acquisition of $600,000 in ENA tokens. The company has also started converting stablecoins raised during its October token sale and through a $30 million investment by <a href="https://coincu.com/293815-world-liberty-financial-investment-justin-sun/" target="_blank" rel="noopener noreferrer nofollow">Justin Sun</a> into key Ethereum-based tokens like ONDO and ENA.</p>  
<p>Ethena Labs concurrently unveiled the release of its new stablecoin, <a href="https://coincu.com/297251-ethena-launches-usdtb-stablecoin/" target="_blank" rel="noopener noreferrer nofollow">USDtb</a>, collateralized with BlackRock's BUIDL fund as the most crucial building block. USDtb attempts to be as stable as traditional stablecoins such as USDC and USDT, with more than 90% reserves held in BUIDL, a tokenized money market fund devoted to U.S. government debt, cash, and repos.</p>  
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>  <a href="https://coincu.com/?p=297728" rel="noopener noreferrer nofollow">Read original article on coincu.com</a>

World Liberty Financial Entered Into a Strategic Partnership with Ethena

Table of Contents

Coincu

Other articles published on Dec 18, 2024

Metaplanet Eyes First Profit in Seven Years, Boosted by Bitcoin Strategy

BTFD Coin’s Presale Success, Cat in a Dog’s World’s Price Decline, and Moo Deng’s Steady Rise Are...

Top Crypto Picks: Qubetics, Cosmos, and Aave Show Strong Potential

Neurahub and Innovia Trust Announce Formal Partnership to Revolutionize Blockchain Services

What Lies Ahead for Bitcoin and LINK Coin?

Analyst Says XRP Will Hit This Price On Christmas Day

Join our free newsletter for daily crypto updates!