Ethena Labs has integrated its synthetic dollar, USDe, into Binance Simple Earn, offering a 12% annual percentage rate (APR) to the exchange’s more than 280 million users. The move provides direct access to high-yield dollar savings for a significant global user base with over $190 billion in assets on the platform.

This product launch marks a deepening partnership between Ethena and Binance. The collaboration aims to embed USDe across the entire Binance ecosystem, increasing the accessibility and liquidity of what Ethena calls the "fastest-growing digital dollar in the world."

The integration signals a broader trend of novel stablecoins partnering with major centralized exchanges to drive adoption. Future collaborations may include establishing USDe spot pairs and enabling its use as collateral for futures and perpetuals trading on the Binance platform.