Odaily Planet Daily report: On June 12, Ethena announced the official launch of its first product in collaboration with Coinbase—a stablecoin yield pool developed by SteakhouseFi. The product operates on USDe via Morpho and is now directly available on the Coinbase app, accessible to users in the U.S. and internationally.
Ethena Launches USDe Stablecoin Yield Pool on Morpho via Coinbase
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Summary
Ethena has launched a USDe stablecoin yield pool on Morpho, available through Coinbase. The product, introduced by SteakhouseFi, is now accessible on the Coinbase app for users worldwide. This on-chain development marks a significant step in expanding DeFi integration. Crypto news outlets such as Odaily reported the development, highlighting the collaboration between Ethena and Coinbase. The pool provides direct exposure to USDe yields, with no restrictions for U.S. or international traders.
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