A recent partnership between Ethena and Bybit has led to the integration of USDe as a collateral asset, along with the addition of Bitcoin and ether spot trading pairs with USDe. Ethena Lab’s USDe stablecoin is known as the first scalable synthetic dollar. Moreover, Ethena Lab intends to introduce the stablecoin on its earn platform, enabling users to utilize their synthetic dollars for the Bybit launch pool farming program.