Ethena price

🟣 Ethena's Whitelabel: A Credible Alternative to Tether and Circle? Stablecoins generate massive revenues for their issuers. However, the business model of the sector's historical leaders, Tether and Circle, relies on a predatory structure: all these revenues, coming from Treasury bills serving as collateral among other sources, end up entirely in their coffers. It's precisely in this context that Ethena's "Whitelabel" solution comes in, offering a turnkey alternative: enabling every blockchain, protocol, or application to launch its own native stablecoin while capturing the associated revenues. ⬜ Ethena's Whitelabel Offering In September 2025, @ethena_labs announced the launch of a new service: Ethena Whitelabel. It's a stablecoin-as-a-service infrastructure that allows any blockchain, application, or wallet to launch a stablecoin while minimizing the technical complexity usually involved. This offering leverages the technology that built Ethena's reputation: USDe. But unlike the latter, whitelabel stablecoins are completely sovereign in their branding, usage, and distribution, while Ethena acts solely as a monetary infrastructure provider. Here's why Ethena's Whitelabel solution represents a potential game changer for those who adopt it: ◽ Revenue sharing: whitelabel stablecoins return the majority of their revenues to the issuer, while Ethena only receives a minority share. ◽ Turnkey solution: stablecoin issuance is now possible in a few weeks, compared to several months previously. ◽ Modular structure: whitelabel stablecoins can be collateralized by USDtb (Ethena's T-bill-backed stablecoin), USDe (its synthetic stablecoin), or both simultaneously. ◽ Liquidity: Ethena plans to implement a liquidity layer, a PSM-type module (Peg Stability Module), allowing conversion of USDtb-backed assets against stablecoins in USDe's reserve (USDC, USDT, etc.). In short, a win-win offering that enables different players to develop a new revenue vertical previously reserved for hegemonic issuers, while allowing Ethena to grow its image, TVL, and therefore revenues. ⬜ Mapping Although recently announced, Ethena's Whitelabel solution has already found its audience: ◽ @megaeth: The Layer 2 plans to launch its native stablecoin USDm based on USDtb, where the generated yield will subsidize sequencer fees and blockchain transactions, directly maintaining extremely low and stable costs for users and developers. ◽ @JupiterExchange is also betting on a stablecoin backed by USDtb. It will have numerous use cases, as it will be the true default asset of the Jupiter ecosystem: trading, DeFi, lending, etc. For Ethena, this offers a premium showcase on Solana, with Jupiter being literally the biggest protocol on the blockchain. ◽ @SuiNetwork is taking a different approach and plans to launch 2 stablecoins: suiUSDe, 100% collateralized by USDe, and USDi, collateralized by USDtb. A hybrid approach that will allow Sui to fund a buyback program for its SUI token, among other things. ◽ Blockchain infrastructure providers @Calderaxyz and @conduitxyz have added Whitelabel to their tooling marketplace. In other words, blockchains based on Caldera or Conduit now benefit from the ability to include this innovation natively. ⬜ Perspectives Ethena's Whitelabel offering establishes a true virtuous circle: partner growth fuels Ethena's TVL growth, which in turn increases the value captured by users. For blockchains and protocols, the benefits are clear: sovereignty over their stablecoin flows, new revenue sources, and enhanced capabilities to support and fund their ecosystem. For Ethena, each new partner strengthens the entire infrastructure. Each stablecoin issuance via Whitelabel mechanically increases demand for USDe and USDtb, which drives up TVL, improves liquidity, and ultimately increases revenues redistributed to sENA holders, the staked version of the ENA token. Ethena thus embodies an unprecedented horizontal integration model in DeFi: rather than centralizing monetary power, the protocol aims to become the invisible monetary layer of on-chain payments, capturing a fraction of the yield generated by each stablecoin issued on its infrastructure. The complete analysis of Ethena's Whitelabel solution can be found in the comments 👇

TAO's main rising wave continues! TAO's main rising wave continues! TAO's main rising wave continues! 385 has entered the market 17 times so far. It is proved in real time that the fewer operations you have, the more money you can make, and frequent transactions will inevitably lose money. Take a good coin, as long as you don't get out of the car, you can always eat profits. Today I will share 10 secrets of not getting out of the car by the dog farm 1️⃣ Don't chase the rise, ambush in advance. Before the real dealer ships, he will pull a wave of false breakthroughs. Smart players never enter the market at high points, but lay out in advance in key support areas. 2️⃣ Set up a good position and do not re-position it. The root cause of being washed is heavy positions. Light positions can make you patient and confident to watch a round of washing. 3️⃣ Look at the structure, not the emotion. Retail investors are staring at the fluctuations of the K-line, and bookmakers are staring at your mood swings. Look more at the trend structure and be less led by the red and green K-lines. 4️⃣ Multi-period resonance judgment. Don't just look at 15 minutes or 1 hour, the daily line and 4 hours are the market maker's trading cycle. The golden cross resonance is the real signal. 5️⃣ Don't listen to "experts", look at the main force. Dog Village's favorite routine is to "shout more and smash the plate". Look at the distribution of chips and don't listen to others. 6️⃣ Identify false breakouts and true retracements. The real breakout is accompanied by the confirmation of volume and retracement, and the false breakthrough is the stagnation of volume and the engulfing of the negative line. 7️⃣ Know how to "wash the K-line". Needle insertion, instant smashing, and long shadow lines are not the top, but wash away the panic disk. The low long shadow is a gift, not a trap. 8️⃣ Learn to "take profits in batches" and not be greedy. You can't eat the entire bull market in one bite, and you know how to lock in profits in batches, so you won't be killed by the dog farm. 9️⃣ Don't keep an eye on the market too much. The dealer washes "people", not K-lines. Watching too much will only lead to emotional operations. Make a plan and turn off the market. 🔟 Follow the rhythm of the main force and do not go against the trend. When the bookmaker switches in the three stages of accumulation, washing, and pull-up, he follows the trend and does not rigid the trend. 💬 To sum it up: "The dog farm washes impetuousness and greed, leaving patience and planning." Stability, accuracy, and patience are the only talismans you can survive in the currency circle. #陈老师战法 #币圈教学 #洗盘 #趋势交易 #1U战法