Binance Announces Listing of ENA USDe

Son Min

Summary

Global exchange Binance announced it will list the dollar-based stablecoin USDe.
ENA stated certain conditions, such as the circulating supply of USDe being at least USD 6 billion.
Protocol revenues may be distributed in the future to USDe depositors.

The global virtual asset (cryptocurrency) exchange Binance will list the dollar-backed stablecoin ENA USDe (USDe).

On the 9th (local time), Binance said on its official website, "We will list USDe spot trading pairs today at 21:00 (KST)."

Previously, USDe issuer ENA stated that if three conditions are met — △ USDe circulating supply of at least USD 6 billion △ cumulative protocol revenues of at least USD 250 million △ USDe listed on at least 4 of the top 5 derivatives exchanges — protocol revenues could be distributed to USDe depositors.

USDE

ENA

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

Binance Announces Listing of ENA USDe

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