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      EtherFi is launching its own stablecoin, EtherFi USD, using Ethena's white-label

      THE BLOCK: EtherFi is launching its own stablecoin, EtherFi USD, using Ethena's white-label infrastructure, with Ethena managing reserves, minting, redemption, and compliance.EtherFi currently holds more than $300 million in stablecoin deposits across its platform. ethereum:0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb ethereum:0x57e114b691db790c35207b2e685d4a43181e6061

      Source: The Block
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud