Enhanced Trading: USDe Now Accepted as Collateral

Bybit, one of the world’s top three cryptocurrency exchanges in terms of trading volume, has now incorporated Ethena Labs’ synthetic dollar USDe as collateral for trading activities. In the near future, Bybit plans to introduce additional USDe spot pairings. This integration allows traders to utilize Bybit’s Unified Trading Account, enhancing capital efficiency and enabling them to earn yield on base assets.