Ethena’s synthetic dollar, USDe, has been deployed natively on X Layer, allowing users to hold and trade the asset within the network’s ecosystem, according to an official announcement cited by Odaily. The rollout adds a new stablecoin option to X Layer and is intended to broaden how stablecoin liquidity can be used across the chain.
The announcement said the integration is expected to support a wider set of DeFi use cases on X Layer by improving composability for on-chain trading, liquidity, and yield strategies. It also outlined follow-up support from OKX Wallet. The wallet is set to add USDe staking and include USDe in its existing recurring earn feature, which would let users join related on-chain strategies with one click once the support is live.
No launch date for the wallet features was disclosed in the announcement.
Ethena’s synthetic dollar USDe has been deployed natively on X Layer, according to an official announcement cited by Odaily. Users can now hold and trade USDe within the X Layer ecosystem.
The announcement said the deployment will expand stablecoin use cases on X Layer and lay the groundwork for broader DeFi composability across the network. That includes on-chain trading, liquidity, and yield applications, giving users another asset option inside the ecosystem.
OKX Wallet is also set to add support for USDe staking at a later stage. It will also include USDe in its existing recurring earn feature, allowing users to join related on-chain strategies with one click once support goes live.
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