Ethena USDe (USDE) Hits Binance: Why Traders Are Watching This Listing Closely

Binance lists Ethena USDe (USDE) stablecoin with zero fees, rewards for holders, and $12 $12B supply. Here is why traders are watching closely.
By Jane Lubale
Updated: 09 Sep, 2025 | 12:58:00 PM GMT
Ethena USDe (USDE) is listed by Binance

Highlights

  • Binance lists Ethena USDe (USDE) with zero listing fee.
  • USDE has a $12B supply, making it the largest non-fiat backed dollar asset.
  • Binance introduces rewards program for users holding USDE.

Binance, one of the leading crypto exchanges (CEXs) has dropped big news. Apparently, it is listing Ethena USDe (USDE), a stablecoin that is growing fast in the crypto arena. Trading of the token opens today, September 9, 2025. Spot trading pairs USDE/USDC and USDE/USDT are expected to go live at 12:00 (UTC). So, why are traders closely keeping an eye on this USDe stablecoin listing?

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A Smooth Ethena USDe (USDE), Launch With Zero Fees

According to Binance’s announcement, Users are allowed to start depositing Ethena USDe (USDE) into their Binance accounts, ahead of the launch. Binance listed USDE without charging a fee, making the launch completely free. Withdrawals are expected to open a day later on September 10, although the leading crypto exchange noted the time may change, as it depends on network conditions.

What Makes USDe Stablecoin Stand Out

USDE is not just a mere stablecoin. It is the largest-backed crypto asset that is not tied directly to any fiat reserves. With a circulating supply of around $12 billion,  it is backed by a mix of delta-hedged cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and standard stablecoins.

With this model, USDE has managed to rise, becoming the third-largest USD-denominated digital asset in history. Ethena, its parent protocol, now boasts over $14 billion in total value locked (TVL), and has become a central player in top  DeFi platforms and centralized exchanges.

Rewards for Holding USDE on Binance

Users holding at least 0.01 USDE are eligible for a rewards program, a strategy Binance is using to encourage adoption. Every day, rewards will be calculated across Futures, Funding, Margin, and Spot accounts and paid out directly. To begin with, all rewards in September will be distributed as a lump sum at the end of the month. Thereafter, payouts will switch to weekly, starting in October.

Why Traders Are Watching Ethena USDe Binance Listing

The listing of Ethena USDe (USDE) on Binance is drawing attention for good reasons. Compared to other stablecoins in history, the token has experienced quick growth. By arriving on one of the most trusted exchanges, it gains a massive new audience. For traders and investors, the  USDE listing is not just another token listing, but an opportunity to get hold of one of the most talked-about crypto projects in DeFi right now.

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Final Thoughts

Will Ethena USDe keep building the momentum? While that question remains open, it is clear that its influence in the stablecoin market is only set to grow, with the backing of Binance.

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Frequently Asked Questions (FAQs)

1. What is Ethena USDe (USDE)?

It’s a non-fiat backed stablecoin supported by BTC, ETH, and stablecoins, with over $12B in supply.

2. When does Ethena USDe start trading on Binance?

Trading opens on September 9, 2025, at 12:00 (UTC) with USDE/USDC and USDE/USDT pairs.

3. Do Binance users get rewards for holding USDE?

Yes. Holding at least 0.01 USDE earns rewards, with payouts starting September and weekly from October.
Jane Lubale
Jane Lubale is a crypto journalist and SEO content writer at CoinGape, with a strong focus on blockchain, cryptocurrency, FinTech, and Web3 narratives. With 4+ years of experience in the digital finance space, she is known for producing in-depth, well-researched content that bridges technical accuracy with reader-friendly clarity. Jane holds a Master’s in Business Administration, and a degree in Marketing, and blends this background with her passion for market research and digital marketing to deliver engaging price analysis, thought leadership, and educational content. Her work has also been published in leading crypto media such as Insidebitcoin , where she has contributed to the growing conversation around decentralized technologies. With 5+ years of experience in Decentralized Finance (DeFi), Jane's writing is driven by a mission to educate and empower readers with insights that cut through hype and deliver true value. She achieves this in the form of trading strategies, regulatory updates, or blockchain adoption trends. Away from the keyboard, Jane is a proud mother of three boys and is often found mentoring young people on career paths, personal development, and life choices, as well supporting needy teens complete school. She holds modest investments in cryptocurrency, reflecting her belief in the future of digital finance.
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