Bitget Wallet Collaborates with Ethena to Offer Access to Synthetic Dollar Protocol
Bitget Wallet, a leading cryptocurrency wallet, has announced its official support for Ethena, a synthetic dollar protocol based on Ethereum. This partnership allows users to access Ethena via the Bitget Wallet mobile app and browser extension, enabling them to participate in shard campaigns, exchange USDe, stake for interest, and facilitate token transactions.
Ethena revolutionizes the provision of cash through a crypto-native platform, eliminating the dependence on traditional banking infrastructure. It introduces a savings option priced in dollars, accessible globally, known as the “Internet Bond.”
Alvin Kan, the COO of Bitget Wallet, has expressed excitement about the collaboration, emphasizing how it aligns with Bitget’s mission of offering users foundational Web3 infrastructure services. Through this alliance, Bitget aims to provide its users with more assets and opportunities to engage with the ecosystem.
Similarly, Guy Young, the CEO and Founder of Ethena Labs, has shown enthusiasm for integrating with Bitget Wallet. He acknowledged Bitget’s role in their protocol’s hedging strategy and its track record in providing essential Web3 infrastructure.
In addition to the partnership, Bitget Wallet has simplified the process for users to discover and access Ethena on the Ethereum network. By including Ethena in its DApp area, Bitget Wallet now supports over 100 blockchains and offers various Web3 services in multiple industries. The wallet’s integrated DApp Browser elevates the user experience by granting access to over 20,000 DApps across different categories. Additionally, the dynamic “Hot Searches” feature keeps users informed about the latest and most popular DApps, facilitating the transition between mainnets within their preferred DApps.
Through this integration, Bitget Wallet reinforces its position as a leading cryptocurrency wallet by expanding its offerings and delivering innovative solutions to its users. The collaboration with Ethena unlocks new possibilities in the crypto space, ensuring users can effortlessly access and engage with the expanding ecosystem of decentralized applications.
Analyst comment
Positive news.
Market analysis: The collaboration between Bitget Wallet and Ethena will strengthen Bitget’s position as a leading cryptocurrency wallet. The integration opens up new possibilities in the crypto space and expands the offerings for users. This partnership is expected to drive more engagement with decentralized applications and increase user adoption.
