ether.fi said it has launched ether.fi USD, its own U.S. dollar-denominated stablecoin, with support from Ethena. In its announcement, the project said more than $300 million in stablecoins is already on the platform. The new token is intended to let that capital connect natively to products that ether.fi plans to roll out later. The statement focused on product access and did not disclose additional launch details in the source material provided. The announcement was published through ether.fi’s official X account and was cited by Foresight as a 7x24 news update.
ether.fi has launched ether.fi USD, its own U.S. dollar-denominated stablecoin, with support from Ethena.
According to the project’s announcement, more than $300 million in stablecoins is already on the platform. ether.fi said ether.fi USD will allow that capital to plug natively into products it plans to launch later.
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