EthenaEthena cuts USDT mint and redeem fees to 0bps
Ethena has set mint and redeem fees to 0bps for USDT-backed USDe for all onboarded mint and redeem users, following the earlier reduction of USDC mint fees to 0bps, after which USDC:USDT secondary pricing reached parity. Copper has followed up by enabling clients to mint fee-free with USDT as well as USDC, citing rising USDe reward rates in its announcement. Mint and redeem fees remain subject to change.
Sources
- RT @CopperHQ: As USDe reward rates move higher, clients can now mint fee-free with USDT as well as USDC. Following our July announcement o…x.com ↗
- https://t.co/f4rzzOOrPU Replying to their earlier post: Following the recent reduction of mint fees on USDC to 0bps, USDC:USDT secondary market pricing is now at parity. We are pleased to share USDT mints for Ethena USDe are now also free at 0bps for all…x.com ↗
- Following the recent reduction of mint fees on USDC to 0bps, USDC:USDT secondary market pricing is now at parity. We are pleased to share USDT mints for Ethena USDe are now also free at 0bps for all onboarded mint and redeem users. Mint and redeem fees remain subject to change https://t.co/tav2kpNo7d https://t.co/XA3ndJflIVx.com ↗
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