Wire · operational-macro
Ether.fi taps Ethena to launch its own US dollar stablecoin
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Fusion42 · 7 October 2026 · Fusion42 review
Ether.fi is launching its own US dollar-denominated stablecoin called ether.fi USD using Ethena’s Whitelabel platform, expanding its Ethereum staking protocol into payments and crypto banking products. Ethena manages the end-to-end stablecoin infrastructure including reserves, minting, redemptions, and compliance, currently supporting over $300 million in stablecoin deposits and tied to ether.fi's crypto payment card with over 100,000 active cards.
This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 2 sources have reported it.
◆ ◆ The Wire takeaway
You need to act fast to integrate native USD stablecoins as Ether.fi’s USD token will streamline payments and holdings across Ethereum products. This creates a clear call to update your wallet and payment infrastructure to link with branded stablecoin services like Ethena’s platform.
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2 sources · 6 Oct 2026
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