Compound Finance is expanding its decentralized lending and borrowing platform by adding Ethena’s stablecoin USDe and Mantle’s liquid staking token mETH as collateral. On January 8, Compound’s tokenholders approved this integration, highlighting the growing adoption of Ethena's yield-bearing stablecoin. With a total value locked (TVL) exceeding $2.7 billion, Compound is a prominent entity within the Ethereum DeFi landscape. Mantle is also discussing the future integration of its cmETH token, a liquid restaking token, to further enhance yields. As of January 9, the overall DeFi TVL has approached $117 billion, nearly a 150% increase since the beginning of the year. The stablecoin market has seen significant changes, with Ethena’s USDe surpassing Dai to become the third-largest stablecoin after USDT and USDC. Launched in February 2024, USDe has provided substantial yields for its holders, promoting increased interest in stablecoin investments.

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