Ethena starts Usde and Susde: Revolution in the StableCoin market!

Ethena starts Usde and Susde: Revolution in the StableCoin market!

On September 25, 2025, Ethena Labs successfully launched the StableCoins Usde and Susde on Plasma Mainnet. This significant step marks the beginning of a new phase in the development of defi solutions, since Plasma’s Mainnet Beta comes up with over $ 2 billion in stable co-liquidity and more than 100 integrations. With this impressive liquidity base, Plasma aims to establish itself as a powerful player in the Defi area.

The launch events for Usde and Susde offer exciting opportunities for their users. The AAVE markets were also opened, with an overall market capacity of $ 1 billion, which is supported by Binance liquidity. On the first day of the launch, Usde and Susde went on platforms such as Aave, Curve, Balancer and Fluid Live, whereby Pendle will follow in the near future. This shows the great demand and the versatile possible uses of these two stable coins.

Integration and liquidity

Usde has achieved a supply of $ 14 billion and is now the third largest stable coin in the room. With an innovative strategy, Ethena has also introduced Liquid Leverage markets on AAVE that offer deposit skills of $ 500 million for Usde and $ 450 million for Sudde. The pools also benefit from USDT liquidity, which is provided via Binance Earn.

Deposits in Usde and Susde on AAVE earn Ethena Points, which offer users additional incentives. Rewards resulting from lever strategies can be called up via Merkl. These incentives show how Ethena improves the user experience in your network and at the same time generates valuable liquidity.

Expansion and strategic positioning

Ethena's expansion is remarkable. In addition to the launch on the Plasma Mainnet, Usde and Susde were previously introduced on the Avalanche network. Ethena also works on integration with the Optimism Superchain through Ovault, which further enlarges the advantages and possibilities for users.

Ethena's financing strategy also shows remarkable progress: the company collected $ 530 million through StableCoin X and at the same time started megaust with Megaeth. Plasma positions itself as a stable coin native layer 1 solution with sub-second finality and Bitcoin-secured defi, which further strengthens the trust of users in this technology.

With a fully diluted assessment of $ 10 billion for its native token, Plasma shows that it is able to establish itself as a serious player in the Defi market. Ethena’s assets have now also been integrated into significant platforms, and pendulums possible yield products will further enrich the market landscape.