PANews reported on June 10 that OSL Global, the global trading platform under the OSL Group, announced the official launch of trading pairs for Ethena USDe (USDe) today. Users can now trade USDe/USD, USDe/USDT, and USDe/USDGO through over-the-counter (OTC) transactions, and deposits and withdrawals on the Ethereum network are now open.

USDe is a decentralized, crypto-native synthetic US dollar asset. Instead of relying on traditional fiat currency or bank deposits for value backing, this asset maintains a 1:1 peg to the US dollar through a "Delta-neutral" mechanism.