Sui Blockchain To Launch Two Native Stablecoins With Ethena Labs, BlackRock-Backed Token Fund

Track the latest stablecoins hitting the market. | Credit: Pixabay. Key Takeaways MEXC has now committed a total of $30 million to Ethena’s governance token ENA. The firm positions itself as an “industry enabler”. Ethena is expanding its synthetic dollar protocol and governance token adoption. SUI Group Holdings, the digital asset treasury company tied to the Sui blockchain, said on Wednesday it will launch two native stablecoins in partnership with Ethena Labs and the Sui Foundation. The announc ...