Former Binance Labs YZi Increases Ethena Stake as USDe TVL Hits $13B — What Do They Know?
YZi Labs, formerly Binance Labs, deepened its stake in Ethena Labs as USDe synthetic stablecoin reached $13 billion TVL with the fastest growth trajectory to cross $10B in crypto history, funding expansion across CEXs and DeFi platforms while developing GENIUS Act-compliant USDtb and institutional settlement layer Converge despite European regulatory friction that forced German market withdrawal.
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