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flag MEXC Ventures invests $16M in Ethena and buys $20M in USDe tokens to boost stablecoin usage.

flag MEXC Ventures, part of the cryptocurrency exchange MEXC, invested $16 million in Ethena, a stablecoin innovator, and bought $20 million in Ethena’s USDe token to boost stablecoin adoption. flag This move aims to enhance the accessibility and utility of stablecoins, which are crucial for the growth of the cryptocurrency market. flag MEXC plans to offer incentives to users to encourage holding and trading USDe on its platform.

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