MexC is investing 20 million US doors in Usde to promote the adoption of StableCoin and to start a reward event of $ 1,000,000
MexC is investing 20 million US doors in Usde to promote the adoption of StableCoin and to start a reward event of $ 1,000,000
Mexc, the world's leading cryptocurrency trading platform, invests 20 million US dollars in Usde, the synthetic dollar of Ethena, as part of his commitment to expand the introduction of stablecoin and the promotion of innovation within the crypto ecosystem. In the meantime, Mexc Ventures, the Investment Army of the Global Cryptocurrency Exchange Mexc, has made a strategic investment of $ 16 million in Ethena. The acquired Usde will support stablecoin-related initiatives, including a campaign with a reward pool of 1,000,000 US dollars .
Stable coins are a cornerstone of the crypto market and offer dealers and investors liquidity and stability. Usde, issued by Ethereum-based defi-platform ethena should overcome the restrictions of centralized stable coins. Ethena not only creates a new digital capital-it builds a robust ecosystem on Usde, including Ethhereal, a spot trading platform, and a protocol for on-chain options. These developments improve the benefits of Usde and contribute to a more dynamic Defi landscape.
In order to accelerate the adoption of stablecoin, the $ 20 million investment of MexC in Usde is accompanied by several user-oriented incentives. This includes zero-fea trading pairs and high-quality setting events so that users can earn $ 1,000,000 worth $ 1,000,000 when participating in the growing StableCoin market. These advantages and events are accessible through the central exchange of MexC, which makes it easier for users to explore and trade from Usde.
tracy Jin, COO from MEXC, said:
" StableCoins play a crucial role in the development of the broader cryptocurrency market, and Mexc is obliged to support their expansion.
" with increasing introduction of digital assets, stable coins will attract greater investments and create new opportunities for users. we offer the users more stable and efficient financial solutions.
MexC is devoted to the investment in crypto-native projects that thrive in decentralized ecosystems. Assets such as usde that enable reward instruments such as susde are naturally designed for defi and the dependence on centralized stable coin emitters is reduced. With regard to the future, MexC is aimed at further improve the stablecoin accessibility by enabling users to keep more options, keep us and to receive passive rewards directly on centralized stock exchanges. Mexc was founded in 2018 and is obliged to "be your simplest way to the crypto". Serve 32 millions of users in over 170 countries, MexC, is known for its wide selection of trends, frequent air drops and low trading fees. Our user -friendly platform should support both new dealers and experienced investors and offer safe and efficient access to digital assets. MexC prioritizes simplicity and innovation and makes the crypto trade more accessible and rewarding. over Mexc
Source: Coinlist.me