Ethena's USDe goes live on X Layer, OKX Wallet support coming
- —USDe is supported as a holdable and tradable asset on X Layer
- —OKX Wallet plans to add USDe staking
- —USDe will be added to OKX Wallet's existing recurring deposit feature
- —USDe is backed by crypto collateral and offsetting derivative positions rather than fiat reserves
Why it matters: Extending USDe to X Layer and OKX Wallet broadens liquidity and retail access to Ethena's synthetic dollar in Asia.
Source: TokenPost