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Safe andEthena partner to boost USDe on multisig wallets

Safe and Ethena partner to boost USDe on multisig wallets
Safe and Ethena partner to boost USDe on multisig wallets

Safe Foundation, steward of the industry-leading multisig-based good account platform securing over $60 billion in digital belongings, and Ethena Labs, the protocol behind the third-largest tokenized greenback, USDe (with over $6 billion in provide), right now introduced a strategic partnership to speed up institutional adoption and improve the consumer expertise of Ethena’s USDe inside Safe Smart Accounts and multisig ecosystem.

The collaboration indicators a broader strategic initiative by Safe to transfer the stablecoin economic system on self-custodial rails. Further, it instantly delivers two main advantages for customers holding Ethena’s USDe inside the Safe ecosystem:

  • 10x Ethena Sats Points Boost: Safe accounts holding USDe will obtain a 10x boost multiplier on their accrued factors in the course of the present Ethena factors program, considerably growing rewards for early adopters and treasury managers using Safe.
  • Gas-Free Mainnet Transactions: In a large UX unlock for multisig customers, Safe will sponsor the gasoline charges for all Ethereum mainnet transactions made by USDe holders, making it solely gas-free to work together with their USDe holdings from their Safe Smart Account.

Safe good accounts presently safe over $6 billion in stablecoin belongings throughout Ethereum mainnet. While Safe’s permissionless infrastructure already helps USDe and sUSDe, with $65.1 million in sUSDe presently secured, this partnership formalizes each corporations’ dedication to positioning Safe self-custodial pockets ecosystem as the popular platform for accessing Ethena’s merchandise.

Institutional Traction 

The partnership is constructed on robust current adoption, with information indicating Safe customers view Ethena’s merchandise as a foundational treasury answer:

As of Janaury 2026, 85% of all Ethena belongings capital secured in Safe accounts on Ethereum mainnet is held in sUSDe (the staked token). This determine confirms that Safe customers—primarily DAOs, protocols, and institutional entities—are using Ethena of their treasury methods.

“The stablecoin panorama is quickly diversifying and Ethena has pioneered a essentially new mannequin whereas delivering resilient worth, deep liquidity, and confirmed adoption at scale. Safe is one of the simplest ways to work together with USDe and the Ethena protocol giving institutional entry with out compromise. Safe customers more and more search dependable choices that keep the very best stage of safety and self-custody” mentioned Andre Geest, VP of Growth at Safe Foundation

“Safe’s unmatched monitor document of securing over $60 billion makes it the definitive platform for USDe’s institutional trajectory. The indisputable fact that 83% of the present Ethena capital in Safe accounts is already staked in sUSDe clearly validates the robust, skilled demand for Ethena-related merchandise in treasury administration,” mentioned Guy Young, Founder at Ethena Labs. “This alliance will speed up the combination of USDe into the deepest layers of the DeFi economic system.”

Safe serves as essential treasury infrastructure, processing over $4 billion in month-to-month transfers. The platform’s dedication to supporting a number of stablecoin varieties ensures customers can repeatedly optimize their treasury methods whereas sustaining self-custody over their most important belongings.

About Safe

Safe (beforehand Gnosis Safe) is an onchain asset custody protocol, securing ~$60 Billion in belongings right now. Released as on open-source software program stack by the Safe Ecosystem Foundation, it’s establishing a common ‘good account customary for safe custody of digital belongings, information, and id. Safe is constructed for the mission to unlock digital possession for everybody in web3, together with DAOs, enterprises, retail, and institutional customers

Website, Twitter, Discord, Blog, GitHub, Docs

About the Safe Ecosystem Foundation, Zug, Switzerland

The mission of the Safe Ecosystem Foundation is to help the event of Safe, to strengthen Safe know-how and to promote the Safe Ecosystem. The Safe Ecosystem Foundation is a non-profit organisation based mostly in Zug, Switzerland, that helps educate individuals about Safe good accounts and promotes Safe know-how by way of the supply of grants and different types of funding.

Legal Disclaimer

This shouldn’t be a proposal to promote or a solicitation of a proposal to buy any SAFE tokens and isn’t an providing, commercial, solicitation, affirmation, assertion, or any monetary promotion that may be construed as an invite or inducement to have interaction in any funding exercise or comparable. 

The Safe Ecosystem Foundation makes no representations, warranties and/or covenants with respect to the Safe Technology (or any implementations of the Safe{Wallet} and/or Safe Smart Accounts) or any program (Grants, Hackathons and/or some other types of funding) run by the Safe Ecosystem Foundation. You shouldn’t depend on the content material herein for recommendation of any type, together with authorized, funding, monetary, tax, or different skilled recommendation, and such content material shouldn’t be an alternative choice to recommendation from a professional skilled.

The publish Safe andEthena partner to boost USDe on multisig wallets appeared first on Metaverse Post.

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