Ethena said its first product in collaboration with Coinbase has gone live. The product is a stablecoin yield pool launched by SteakhouseFi, built around USDe and running on Morpho, and it is now available directly in the Coinbase App for users in the United States and overseas.
Ethena announced that the first product developed through its collaboration with Coinbase has officially gone live. The product is a stablecoin yield pool launched by SteakhouseFi, structured around USDe and operated on Morpho.
According to the announcement, the stablecoin yield pool is now available directly inside the Coinbase App. The integration places the USDe-based yield product within Coinbase’s app environment, giving users access through the Coinbase interface rather than through a separate entry point.
Ethena said the product is available to users in the United States as well as overseas. The launch marks the rollout of the first product under the Ethena and Coinbase collaboration, with SteakhouseFi, USDe and Morpho also named as part of the product setup.
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