BlockBeats News, January 14 — The Safe Foundation announced a strategic partnership with USDe issuer Ethena Labs, aiming to promote the on-chain use of the synthetic US dollar USDe. According to the partnership, transactions of USDe on the Ethereum mainnet will have reduced or even zero Gas costs. Additionally, USDe stored in Safe multi-signature wallets will receive 10 times the points under Ethena’s reward program.
Both parties stated that this cooperation is an important step in guiding the stablecoin economy towards a “self-custody track,” and they hope to establish Safe’s self-custody wallet ecosystem as the preferred gateway for Ethena products.
Data shows that approximately $6.6 billion in stablecoins are currently held in Safe multi-signature custody, including $65.1 million of sUSDe (a staked interest-bearing version of USDe), accounting for nearly 85% of Ethena assets within Safe.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Wave ETH whale withdrew 6,898.98 ETH from a certain CEX this morning, worth 13.58 million USD
Gate News Report, March 8 — According to on-chain analyst Ai Yi's monitoring, a large trader who made a profit of $185,000 through ETH swing trading on March 3 has made another move. Three hours ago, this address withdrew 6,898.98 ETH, worth $13.58 million, at a withdrawal price of $1,968.58. The last swing buy-in point for this address was at $2,056, with a suspected sell point at $2,083, and the holding period was a total of 3 days.
GateNews58m ago
Price Predictions 3/6: BTC,ETH,BNB,XRP,SOL,DOGE,ADA,BCH,HYPE,XMR
Bitcoin (CRYPTO: BTC) faced a renewed test after a brief relief rally, sliding back below the $68,500 mark as sellers reasserted control. The move comes after the asset briefly flirted with the $74,000 threshold, a level that previously functioned as a ceiling during the latest ascent. Traders now e
CryptoBreaking1h ago
Sky Co-founder Rune opens 7x leveraged short positions on ETH and the NASDAQ 100, planning to add four more positions.
Gate News Report, March 8: According to Onchain Lens monitoring, Sky co-founder Rune has opened a 7x leveraged short position on ETH and the Nasdaq 100 (U.S. Nasdaq 100 Index). Previously, Rune was long on crude oil futures CL (WTI crude oil, U.S. crude oil futures benchmark) and Brent Oil (Brent crude oil, international crude oil futures benchmark). Currently, their account still holds
GateNews1h ago
Ethereum ICO slept for 10 years and suddenly moved 401 ETH
A cryptocurrency wallet that participated in Ethereum's 2014 ICO has moved 401.1 ETH for the first time in over a decade, potentially preparing to sell. Initially purchased for $124, the ETH is now worth around $802,200, reflecting a profit of about 6,469 times.
TapChiBitcoin1h ago
A newly created wallet deposits 2 million USDC into Hyperliquid to open short positions on BTC and ETH.
Gate News Report, March 8th: According to Onchain Lens monitoring, a newly created wallet deposited 2 million USDC into Hyperliquid, opened a 5x leveraged BTC short position and a 20x leveraged ETH short position, with the current position value approximately equivalent to 10 million USD.
GateNews2h ago
