News
Significance:
6/10

Ethena Joins Race for Hyperliquid's Stablecoin With BlackRock-Backed Proposal

https://www.coindesk.com/business/2025/09/09/ethena-joins-race-for-hyperliquid-s-stablecoin-with-blackrock-backed-proposal

Krisztian Sandor, Nikhilesh De

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
Ethena's proposal for Hyperliquid's stablecoin with BlackRock's backing indicates strong potential growth.
Bullish
BlackRock's involvement in backing the stablecoin adds credibility and institutional trust.