Partnership
Ethena Announces Whitelabel Service on Conduit to Scale Stablecoin Infrastructure
The integration allows chains built on Conduit to natively issue dollar-denominated assets, expanding Ethena's distribution.
October 17, 2025
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Ethena has launched "Ethena Whitelabel," a stablecoin-as-a-service product.
The service is now integrated with Conduit, a platform that powers 55% of Ethereum-based chains.
The partnership allows chains and applications to instantly create their own dollar-denominated assets using Ethena's infrastructure.
Ethena Labs has launched Ethena Whitelabel, a stablecoin-as-a-service offering that allows partners to create their own dollar assets using Ethena's infrastructure.
The service is now live on Conduit, an infrastructure platform that powers over 55% of chains on Ethereum, representing more than $4 billion in total value locked (TVL) across over 60 deployments. This integration provides Ethena with a significant distribution channel, making its stablecoin tooling available to a large network of chains spanning DeFi, RWA, and consumer applications.
Ethena stated its goal is to allow high-performance chains, consumer applications, and wallets to build and capture the economic benefits of stablecoins with minimal friction. The firm has also secured partnerships with MegaETH, Sui Network, and Jupiter Exchange for its whitelabel service.
This development signals a strategic shift for Ethena, moving beyond its own USDe stablecoin to become a foundational infrastructure provider for the broader digital dollar ecosystem.
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