Full dollar synthetic stablecoins really the magic bullet everyone is trying to claim that it is, to change the lives of young Africans. Not much to this, right? It seems like the kind of pie-in-the-sky promise that never materializes, doesn’t it? Let's unpack this. Ethena’s USDe, and especially its yield-bearing...

Ethena is a new project that’s been turning heads in the decentralized finance (DeFi) space. To offer a crypto-native, yield-bearing stablecoin in the form of USDe, ENA token governs this protocol. The project has been making waves with its novel approach to achieving lasting positive social and economic impact. It...