Binance Lists Ethena USDe on Spot Trading Platform
- Binance begins spot trading for Ethena USDe pairs.
- Ethena now third-largest stablecoin by supply.
- Listing signifies rapid stablecoin market growth.

Binance has listed Ethena USDe for spot trading with USDe/USDC and USDe/USDT pairs beginning September 9, 2025, boosting Ethena’s role in DeFi liquidity flows.
This placement elevates Ethena to the third-largest stablecoin issuer and impacts stablecoin markets, with significant funding and a comprehensive ENA buyback program bolstering institutional confidence.
Binance has listed Ethena USDe for spot trading with USDe/USDC and USDe/USDT pairs on September 9, 2025, enhancing its DeFi market presence.
This listing elevates Ethena to the third-largest stablecoin issuer, supported by its strong trajectory in decentralized finance.
Ethena USDe Listing Expands Stablecoin Market Capabilities
Binance announced the listing of Ethena USDe on September 9, 2025, offering new trading pairs. This move highlights the continued expansion of stablecoin market capabilities.
Ethena Foundation, based in Switzerland, spearheads this initiative by introducing synthetic stablecoin innovation, leveraging Binance’s global exchange platform to reach a wider audience. This strategic step indicates Ethena’s dedication: “The listing of USDe on Binance marks a significant milestone for us and our commitment to revolutionizing the stablecoin ecosystem.” — Ethena Foundation, Leadership Team CoinTelegraph
DeFi Liquidity Boost: Ethena Now Third-Largest Stablecoin
The new listing has positioned Ethena as a central figure in DeFi liquidity, influencing market dynamics. USDe supply surging over $12.6 billion reflects this strategic shift. For users holding at least 0.01 USDe on Binance, rewards will accrue regularly. — Binance Official Square Blog
As Ethena is now the third-largest stablecoin issuer, this consolidation aligns with increased trust from institutional investors and marks growing DeFi participation.
Ethena’s Rapid Growth Surpasses USDC and Tether Milestones
In comparison, Tether and Circle’s USDC took several years to achieve a similar market cap, highlighting Ethena’s rapid rise in less than ten months. Among these milestones, Ethena received a strategic push, described by TLGY Finance as “a vote of confidence in Ethena’s innovative approach to DeFi and stablecoins.” — Ainvest
Experts anticipate that continued market support and the successful buyback program will enhance Ethena’s influence across DeFi platforms, as historical trends suggest sustained momentum.
Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |