StablecoinX shares go tokenized on Binance's bStocks platform
- —StablecoinX shares (USDE) trade 24/7 on bStocks against USDT
- —Each token is backed 1:1 by shares held at regulated custodians
- —StablecoinX holds about 3 billion ENA worth $212.9–275 million
- —Ethena began integrating bStocks into USDe backing on September 25, 2026
Why it matters: Tokenized equities blur the line between TradFi and crypto, but create price-alignment risk between Nasdaq and 24/7 markets.
Source: Crypto Briefing