Cloudbet Integrates Ethena USDe (sUSDe) Stablecoin and ENA Tokens

submited by

Style Pass

2024-07-02 08:00:02

Sign up for a Bybit account and claim exclusive rewards from the Bybit referral program! Plus, claim up to 6,045 USDT bonus at . https://www.bybit.com/invite?ref=PAR8BE

Cloudbet, a leading cryptocurrency casino and sportsbook, announced the integration of Ethena USDe (sUSDe) and ENA. By integrating sUSDe on the platform, bettors have now the chance to receive returns even when their funds are not being wagered.

The move introduces a new level of financial flexibility and efficiency for Cloudbet users. Traditionally, when users deposit funds into their gambling accounts, those funds remain idle until they place their bets. Cloudbet’s integration of sUSDe, the staked version of the algorithmic stablecoin USDe, has entirely shifted the paradigm of betting, setting a new standard for user-centric innovation.

“Whether a user is betting or taking a break, their sUSDe continues to earn a yield,” says a Cloudbet spokesperson, “Users can potentially offset their betting costs or enhance their bankroll, generating value beyond their betting activities on the platform.”