WuBlockchain has learned that DeFi protocol ether.fi announced the launch of its own USD stablecoin, ether.fi USD, backed by Ethena. ether.fi said its platform currently holds more than $300 million in stablecoin assets, and the new stablecoin will be natively integrated into its products. The team has not yet disclosed details of the reserve structure, yield mechanism, or issuance scale, and plans to share more information with Ethena later.