Crypto

Ether.fi joins stablecoin race with new dollar-pegged token

Guavy AI Editorial Team Published October 7, 2026

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HYPE ETH USDT USDC JUP ENA ETHFI USDe

Ether.fi has entered the stablecoin market with the launch of ether.fi USD, a new dollar-pegged token built on Ethena's whitelabel infrastructure. The platform is converting over $300 million in existing deposits into the new stablecoin, though details about its backing mix remain unpublished. This…

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