DeFiBullishCrypto Briefing · 4h ago7/10
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Ethena launches High Yield Vault on Coinbase powered by USDe
Ethena has launched a High Yield Vault on Coinbase that utilizes USDe, its synthetic dollar stablecoin, to offer enhanced yields on crypto savings. The integration with Coinbase represents a significant mainstream adoption milestone for Ethena's protocol, though it introduces concentrated counterparty risk and yield sustainability concerns for participants.
