Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
FalconX adds support for Ethena’s USDe stablecoin

FalconX adds support for Ethena’s USDe stablecoin

Crypto.NewsCrypto.News2025/09/04 16:00
By:By Darya NassedkinaEdited by Dorian Batycka

FalconX has added support for Ethena’s USDe, the third-largest stablecoin, opening the asset to its institutional client base.

Summary
  • FalconX has added support for USDe stablecoin, enabling institutional trading, custody and collateral use.
  • Approved clients can now access OTC liquidity for USDe.
  • FalconX will also provide liquidity in both USDe and ENA across bilateral, centralized and decentralized venues.

FalconX, a U.S.-based digital asset prime brokerage that provides institutional clients with trading, derivatives, and custody services, today announced that it added support for Ethena’s synthetic stablecoin USDe. The integration equips institutional users of FalconX with the following capabilities:

  • Collateralization: USDe stablecoin can now be deployed as collateral for credit extensions and derivatives exposure..
  • Spot, derivatives, and custody access for Ethena USDe: Clients can now trade, hold, and manage USDe within FalconX’s full-service platform.
  • OTC liquidity: Approved institutions gain over-the-counter access to USDe markets, enhancing trading flexibility.

USDe stablecoin continues to expand its footprint

Ethena’s USDe, now the third-largest stablecoin by supply, is already live across several platforms and continues to expand its footprint. In May, the Hyperliquid ecosystem added support for the token on HyperCore, HyperEVM and Unit, enabling users to trade with USDe, borrow against it through protocols such as Euler and Felix, and participate in yield-generating strategies.

Ethena’s USDe stablecoin and its yield-bearing version, sUSDe (known on the network as tsUSDe), were also recently launched on the Telegram Open Network. The rollout made both assets accessible through Telegram ’s built-in wallet as well as third-party TON wallets like Tonkeeper and Tonhub, allowing users to hold and earn directly inside the messaging app.

In addition, an integration with the cross-chain protocol LI.FI allows stablecoins from more than a dozen blockchains, including USDT and USDC, to be converted into USDe stablecoin or its governance token ENA via the Ethena interface.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Rise of Bitcoin DeFi: Infrastructure Development and Market Boom

We are likely to see bitcoin evolve from "digital gold" into the most important foundational asset in the multi-chain DeFi ecosystem.

深潮2025/09/09 09:12