{"id":48562,"date":"2025-09-20T03:01:49","date_gmt":"2025-09-20T03:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=48562"},"modified":"2025-09-20T03:01:49","modified_gmt":"2025-09-20T03:01:49","slug":"czs-yzi-labs-doubles-down-on-ethena-and-usde-stablecoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=48562","title":{"rendered":"CZ\u2019s YZi Labs Doubles Down on Ethena and USDe Stablecoin"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">YZi Labs, the family office linked to Binance founder Changpeng Zhao, is putting more weight behind Ethena Labs, the company behind the synthetic dollar USDe. The timing is interesting. <\/span><span data-preserver-spaces=\"true\">Binance <\/span><span data-preserver-spaces=\"true\">only<\/span><span data-preserver-spaces=\"true\"> recently added support for USDe across <\/span><span data-preserver-spaces=\"true\">a few<\/span><span data-preserver-spaces=\"true\"> of its services, and now YZi is coming in with deeper backing.<\/span><span data-preserver-spaces=\"true\"> It looks like they\u2019re making a clear bet that Ethena is picking up real traction.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">Ethena\u2019s Numbers Are Climbing<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">This move from YZi Labs comes after USDe saw a big jump in both supply and usage. The stablecoin now has more than 13 billion dollars in circulation, and the total value locked has passed 14 billion. That kind of growth tends to catch attention. For YZi, this isn\u2019t a new relationship. They were involved early on. But this time, they\u2019re going further, giving Ethena more resources to grow across new platforms and roll out new features.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/ENA?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">#ENA<\/a> Update <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/2705.png\" alt=\"\u2705\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <\/p>\n<p>YZi Labs (ex-Binance Labs) is boosting its backing of Ethena Labs to drive wider USDe adoption across CEXs and DeFi, expand into BNB Chain, and develop new products USDtb and Converge. Ethena\u2019s TVL has now topped $13B. <a href=\"https:\/\/t.co\/TLWWHK9Jcn\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/TLWWHK9Jcn<\/a><\/p>\n<p>\u2014 Iron Heart (@Crypto_Apha) <a href=\"https:\/\/twitter.com\/Crypto_Apha\/status\/1969088505419579698?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">September 19, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3><span data-preserver-spaces=\"true\">Where Ethena Is Aiming Next<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">A <\/span><span data-preserver-spaces=\"true\">big<\/span><span data-preserver-spaces=\"true\"> part of the plan <\/span><span data-preserver-spaces=\"true\">is getting<\/span><span data-preserver-spaces=\"true\"> USDe <\/span><span data-preserver-spaces=\"true\">onto<\/span><span data-preserver-spaces=\"true\"> more exchanges and <\/span><span data-preserver-spaces=\"true\">plugged into more<\/span><span data-preserver-spaces=\"true\"> DeFi tools.<\/span><span data-preserver-spaces=\"true\"> That means more places to use it, more liquidity, and hopefully more everyday adoption. Ethena also wants to build out its presence on BNB Chain, which ties neatly back to the Binance connection. On top of that, they\u2019re preparing to launch two new products. One is USDtb, which is a fiat-backed stablecoin designed to be regulatory-friendly. The other is something called Converge, which is pitched as a settlement layer built for institutions and real-world asset platforms.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in September2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">Why YZi Is Getting Louder About It Now<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">There\u2019s a good chance YZi is trying to lock in more influence while USDe is still growing fast. Being early gave them a head start, but deeper involvement now could let them help shape what comes next. It also doesn\u2019t hurt that Binance just rolled out USDe in places like futures markets and yield products. That wider usage likely gave YZi more reason to step in again, especially if they see even more demand building from those integrations.<\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-btc\" data-coin-symbol=\"btc\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.30T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">1y<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68ce17447c249\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<h3><span data-preserver-spaces=\"true\">What Could Go Sideways<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">With all the momentum, there are still plenty of risks. Getting USDe to work well across many platforms takes more than just hype. <\/span><span data-preserver-spaces=\"true\">The system <\/span><span data-preserver-spaces=\"true\">it<\/span><span data-preserver-spaces=\"true\"> relies on <\/span><span data-preserver-spaces=\"true\">to stay stable involves<\/span><span data-preserver-spaces=\"true\"> hedging and coordination, <\/span><span data-preserver-spaces=\"true\">and those things<\/span><span data-preserver-spaces=\"true\"> don\u2019t always go smoothly at scale.<\/span><span data-preserver-spaces=\"true\"> If anything breaks down or feels off, trust can slip quickly. And with new products like USDtb and Converge still in the works, there\u2019s also the challenge of getting through regulatory hurdles without losing speed.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h3><span data-preserver-spaces=\"true\">What It Means for the Rest of the Market<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Stablecoins are no longer just about being pegged to a dollar. These days, it\u2019s also about what else they offer. Yield, flexibility, and how well they fit into both DeFi and TradFi matter just as much. The more USDe grows, the more pressure it puts on other stablecoins to keep up. If Ethena pulls this off, it could push the entire sector in a new direction.<\/span><\/p>\n<h3><span data-preserver-spaces=\"true\">What to Watch Going Forward<\/span><\/h3>\n<p><span data-preserver-spaces=\"true\">Now it\u2019s a question of follow-through. Keep an eye on how quickly USDe spreads to more exchanges and apps. See if USDtb and Converge actually launch and if people use them. And watch whether this extra support from YZi turns into real growth or just headlines. Either way, Ethena just got a bigger spotlight.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        YZi Labs, the family office linked to Binance founder CZ, is increasing its investment in Ethena Labs, the issuer of the USDe stablecoin.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        USDe now has over $13 billion in circulation and more than $14 billion in total value locked, helping draw renewed attention from YZi Labs.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Ethena is working to expand USDe into more DeFi tools and exchanges, while also preparing to launch USDtb and a new product called Converge.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The closer ties to Binance, including USDe integrations into yield and futures products, may be fueling YZi\u2019s deeper involvement.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Despite the momentum, Ethena still faces risks tied to scale, trust, and regulation as it pushes new products into the market.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/czs-yzi-labs-doubles-down-on-ethena-and-usde-stablecoin\/\">CZ\u2019s YZi Labs Doubles Down on Ethena and USDe Stablecoin<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>YZi Labs, the family office linked to Binance founder Changpeng Zhao, is putting more weight behind Ethena Labs, the company behind the synthetic dollar USDe. The timing is interesting. Binance only recently added support for USDe across a few of its services, and now YZi is coming in with deeper backing. It looks like they\u2019re [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-48562","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48562","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48562"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/48562\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}