Money
Ethena Foundation Unveils StablecoinX Through Landmark SPAC Merger to Fortify ENA Token Ecosystem
The Ethena Foundation announced a significant $360 million SPAC merger with TLGY Acquisition Corporation, forming StablecoinX, a new publicly traded entity. This innovative company will primarily focus on acquiring and holding ENA tokens, aiming to strengthen the Ethena protocol's longevity and decentralization. Backed by major crypto venture capitalists, StablecoinX marks a pioneering move for a DeFi protocol to use public markets for treasury management and token accumulation.
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A Beginner's Guide to Setting Up Your Stablecoin Wallet
This comprehensive guide simplifies the process of establishing and managing a stablecoin wallet. It covers essential steps from selecting the appropriate wallet type to implementing robust security measures. The article highlights the importance of self-custody, network selection, and provides practical advice for both acquiring and transferring stablecoins, ensuring users can confidently navigate the digital asset landscape.
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Seamless Stablecoin Transfers: Instant, Low-Cost Transactions Explained
This comprehensive guide demystifies stablecoins, highlighting their advantages over traditional remittance methods. It provides a step-by-step walkthrough for sending stablecoins, emphasizing speed, minimal costs, and global accessibility. From wallet selection to security best practices and troubleshooting common issues, the article equips users with the knowledge to execute fast and secure stablecoin transfers in under 60 seconds, transforming how individuals send money internationally.
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