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
A trader liquidated 7008.8 ETH, incurring a loss of approximately $239,000.
Gate News report, on March 28, according to monitoring by Ai Yi, the address starting with 0xAb5 has liquidated its 7008.8 ETH purchased during the market rebound on February 6, incurring a loss of approximately $239,000. This address bought 7008.8 ETH on-chain at a price of $2075 per coin, with a total value of $14.54 million. This portion of ETH was sold in two batches, with part sold two weeks ago and the other part sold six hours ago, resulting in an average selling price of $2041.28.
GateNews36m ago
F2Pool's Chun Wang-Linked Wallet Moves 9,000 ETH to Aave
Gate News bot message, a wallet associated with Chun Wang from F2Pool withdrew 9,000 ETH valued at $17.86 million from centralized exchanges 8 hours ago and deposited the funds into Aave.
The wallet currently holds 79,818 ETH, worth approximately $158.72 million.
GateNews44m ago
Citigroup slashes Bitcoin and Ethereum 12-month price targets, stating that stalled U.S. crypto legislation weakens upward catalysts.
Citigroup lowers its 12-month target prices for Bitcoin and Ethereum, indicating that its medium-term outlook for the crypto market has turned cautious, mainly because progress on U.S. crypto-asset legislation has been slow. Its Bitcoin target is reduced from $143,000 to $112,000, and its Ethereum target is lowered to $3,175. Although there is still room for upside in the future, the lack of new policy catalysts means prices could trade within a range in the short term. Citigroup is even more cautious in its assessment of Ethereum, saying it is more heavily influenced by on-chain activity.
区块客1h ago
