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The new re-stakeToken eUSD launched in cooperation with Ethena, EigenLayer, and ether.fi
Foresight News reported that the new re-stakeToken eUSD, launched in collaboration with Ethena, EigenLayer and ether.fi, has gone live, allowing users to deposit various stablecoins (USDe, USDC, DAI and USDT) on ether.fi in exchange for eUSD. The new eUSD LRT will be used to protect other systems and protocols as part of a general re-collateralization. eUSD LRT holders will receive 20 times Ethena points from Ethena, as well as Ether.fi points, etc.