YZi Labs Boosts Funding for Ethena Labs' Stablecoin Initiatives
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Investment Expansion: Changpeng Zhao's YZi Labs has increased its investment in Ethena Labs to promote the adoption of the stablecoin USDe and enhance infrastructure development within the DeFi sector.
Market Impact: Following the investment, Ethena's total value locked (TVL) has surpassed $14 billion, indicating a significant rise in USDe's market influence and potential for increased liquidity and partnerships in the crypto ecosystem.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








