Ethena Charges Into Hyperliquid’s Stablecoin Arena With BlackRock-Backed Bid
The race for stablecoin dominance just got hotter—and more institutional.
Ethena throws its hat in the ring with heavyweight backing, aiming to capture Hyperliquid’s growing market. No vague promises—just execution.
BlackRock’s involvement signals deeper Wall Street interest in crypto-native projects. Because nothing says 'trust' like traditional finance giants diving into DeFi.
Expect more players to jump in. After all, in crypto, if you’re not moving fast, you’re just yielding fees.