MEXC, one of the world’s leading platforms of cryptocurrency trading, has invested 20 million dollars in USDE, the synthetic dollar of Ethena, as part of its commitment to expand the adoption of Stablecoins and boost innovation within the crypto ecosystem.
To reinforce this initiative, MEXC is launching a event with 1 million dollars in rewardsoffering exclusive incentives to users to interact with USDE.
Stablecoins are an cornerstone of the crypto market, providing liquidity and stability for traders and investors. USDE, issued by the Defi Ethena platform based on Ethereum, is designed to overcome the limitations of centralized stablcoins.
Ethena is not only creating a new digital asset, but it is building a robust ecosystem around USDE, which includes Ethereal ―An cash trading platform― y Derive ―An on-chain options protocol―. These developments improve the usefulness of USDE and contribute to a defi landscape more dynamic.
MEXC invests in USDE to promote the adoption of Stablecoins
To accelerate the adoption of Stablecoins, the investment of 20 million dollars from Mexc in USDE is accompanied by Several incentives focused on users.
« Stablecoins play a fundamental role in the development of the cryptocurrency market in general, and MEXC is committed to supporting its expansion. As the adoption of digital assets increases, the stablecoins will attract greater investments, creating new opportunities for users. We recognize a Eden y USE As key actors in this evolutionary scenario, and we are excited to contribute to their success by providing users with more stable and efficient financial solutions »
Tracy Jin, COO de MEXC
Among these incentives are included Trading pairs without rates and staking events with high APR rates, which allows users to earn rewards with a total value of 1 million dollars while participating in the growing market of the stablcoins. These benefits and events will be available through the centralized Mexc exchange, facilitating users to explore and negotiate in a simple way.
« Stablecoins play a fundamental role in the development of the cryptocurrency market in general, and Mexc is committed to supporting its expansion »said Tracy Jin, COO de MEXC. «As the adoption of digital assets increases, the Stablecoins will attract greater investments, creating new opportunities for users. We recognize a Eden y USE As key actors in this evolutionary scenario, and we are excited to contribute to their success by providing users with more stable and efficient financial solutions »
MEXC is dedicated to investing in cryptonative projects that prosper in decentralized ecosystems. Assets such as USDE, who enable rewards generating instruments such as their, are designed inherently to define and reduce the dependence of centralized stablecoins emitters. Facing the future, MEXC aims to further improve accessibility to Stablecoins, offering users more opportunities to hold USDE and gain passive rewards directly in centralized exchanges.
About Mexc
Founded in 2018, Mexc undertakes to be “your easiest path to the crypto world.” With more than 30 million users in more than 170 countries, MEXC is known for its wide selection of popular tokens, frequent Airdrop opportunities and low trading rates. Our intuitive platform is designed to support both traders and experienced investors, offering safe and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making cryptocurrency trading more accessible and rewarding.
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