Ethena Labs 為 USDe 推出突破性的比特幣抵押品，預計將實現指數級增長

USDe 背後的團隊 Ethena Labs 已添加比特幣 (BTC) 作為其與美元掛鉤的合成代幣的抵押品。此舉旨在利用比特幣近期未平倉合約從 100 億美元飆升至 2,500 萬美元的優勢，大幅增加 USDe 的供應量，使其供應量從目前的 20 億美元大幅增加。 BTC 的加入預計將增強 USDe 的流動性和穩健性，補充其現有的以太坊 (ETH)、Tether (USDT) 和流動質押代幣抵押品。

groundbreaking-addition-bitcoin-collateral-ethena-labs-usde-scale-heights

開創性的添加比特幣抵押品ethena-labs-usde-scale-heights

Ethena Labs Embraces Bitcoin as Collateral for USDe, Unleashing Unprecedented Growth Potential

Ethena Labs 採用比特幣作為 USDe 的抵押品，釋放前所未有的成長潛力

In a groundbreaking move aimed at propelling significant growth, Ethena Labs has announced the addition of Bitcoin (BTC) as a collateral asset for its flagship product, USDe, a synthetic dollar-pegged stablecoin. This strategic inclusion empowers USDe to scale exponentially from its current $2 billion supply, unlocking immense potential for the DeFi ecosystem.

Ethena Labs 採取了一項旨在推動顯著增長的突破性舉措，宣布添加比特幣 (BTC) 作為其旗艦產品 USDe（一種與美元掛鉤的合成穩定幣）的抵押資產。這項策略性包容性使 USDe 能夠在當前 20 億美元的供應量基礎上呈指數級增長，從而釋放 DeFi 生態系統的巨大潛力。

The surge in Bitcoin open interest from $10 billion to an impressive $25 billion on major crypto exchanges underscores the increasing demand for Bitcoin-backed financial instruments. Ethena Labs astutely recognized this trend and swiftly seized the opportunity to leverage Bitcoin's liquidity and stability to bolster USDe's growth prospects.

主要加密貨幣交易所的比特幣未平倉合約從 100 億美元飆升至令人印象深刻的 250 億美元，突顯了對比特幣支援的金融工具的需求不斷增長。 Ethena Labs 敏銳地認識到了這一趨勢，並迅速抓住機會，利用比特幣的流動性和穩定性來增強 USDe 的成長前景。

"This is a crucial unlock which will enable USDe to scale significantly from the current $2bn supply," proclaimed the Ethena Labs team via Twitter.

Ethena Labs 團隊透過 Twitter 宣稱：“這是一次至關重要的解鎖，將使 USDe 能夠在當前 20 億美元的供應量基礎上大幅擴展。”

Enhancing Liquidity and Robustness

增強流動性和穩健性

Ethena Labs' decision to incorporate Bitcoin as collateral stems from a comprehensive understanding of market dynamics and user需求. By diversifying USDe's collateral pool with Bitcoin, the team aims to enhance liquidity and provide a safer, more robust product for USDe holders.

Ethena Labs 決定將比特幣作為抵押品，源自於對市場動態和用戶需求的全面了解。透過使用比特幣使 USDe 的抵押品池多樣化，該團隊旨在增強流動性，並為 USDe 持有者提供更安全、更穩健的產品。

To maintain USDe's dollar peg, Ethena Labs employs a sophisticated delta hedging strategy utilizing Bitcoin's derivatives market. This strategy involves dynamically adjusting positions in Bitcoin derivatives to offset potential price fluctuations, ensuring USDe's stability amidst market volatility.

為了維持 USDe 與美元掛鉤，Ethena Labs 利用比特幣衍生性商品市場採用了複雜的 Delta 對沖策略。該策略涉及動態調整比特幣衍生性商品頭寸，以抵消潛在的價格波動，確保 USDe 在市場波動中保持穩定。

Prior to this addition, USDe was primarily backed by Ether (ETH), Tether (USDT), and Ether-based liquid staking tokens. However, Ethena Labs recognized that Bitcoin, with its unparalleled liquidity and global acceptance, would significantly enhance USDe's appeal and scalability.

在此之前，USDe 主要由以太坊 (ETH)、Tether (USDT) 和基於以太坊的流動質押代幣支持。然而，Ethena Labs 認識到，比特幣以其無與倫比的流動性和全球接受度，將顯著增強 USDe 的吸引力和可擴展性。

Differentiating from Stablecoins

與穩定幣的區別

Ethena Labs' vision for USDe extends beyond the realm of traditional stablecoins. The team aspires to reduce reliance on centralized banking systems and empower the DeFi ecosystem with a truly decentralized and robust financial instrument.

Ethena Labs 對 USDe 的願景超越了傳統穩定幣的領域。該團隊渴望減少對中心化銀行系統的依賴，並透過真正去中心化且強大的金融工具為 DeFi 生態系統賦能。

While acknowledging that Bitcoin lacks native staking rewards akin to Ether, Ethena Labs maintains that such yields are less critical during bullish market conditions. The team emphasizes that USDe's primary value proposition lies in its stability, liquidity, and the potential for exponential growth.

Ethena Labs 承認比特幣缺乏類似以太幣的原生質押獎勵，但堅持認為​​，在看漲的市場條件下，這種收益率並不那麼重要。團隊強調，USDe 的主要價值主張在於其穩定性、流動性和指數成長的潛力。

Conclusion

結論

The integration of Bitcoin as collateral for USDe marks a watershed moment for Ethena Labs and the DeFi industry at large. By harnessing the power of Bitcoin, USDe is poised to scale to unprecedented heights, offering a compelling alternative to traditional stablecoins and unlocking boundless opportunities for innovation and financial inclusion within the DeFi landscape.

將比特幣整合為 USDe 的抵押品，標誌著 Ethena Labs 和整個 DeFi 行業的分水嶺。透過利用比特幣的力量，USDe 預計將擴展至前所未有的高度，為傳統穩定幣提供引人注目的替代品，並為 DeFi 領域的創新和金融包容性釋放無限機會。