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Ethena Labs introduces sUSDe as collateral for Trump-backed WLFI protocol

  • Ethena Labs proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) on Dec. 18.
  • The partnership aims to boost capital efficiency and liquidity in WLFI's new Aave instance.
  • sUSDe has become the third-largest stablecoin with a $6.1 billion market cap.
  • Integrations with major DeFi protocols and its high annual percentage yield (APY) of 27% contributed to the rise of sUSDe.

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