Ether.fi taps Ethena to launch its own US dollar stablecoin

Ether.fi is launching its own US dollar stablecoin through Ethena’s Whitelabel platform, extending the Ethereum staking protocol’s push into payments and crypto banking products.

Introducing ether․fi USD

ether․fi’s very own US dollar-denominated stablecoin powered by @Ethena

$300M+ in stablecoins already live on ether․fi, and USD makes all of it native to every product we ship pic.twitter.com/8kuq9JcUtf

— ether.fi (@ether_fi) October 6, 2026

The token, called ether.fi USD, will use Ethena’s stablecoin infrastructure, with Ethena handling reserves, minting, redemptions and compliance end to end.