Cloudbet Integrates Ethena USDe (sUSDe) and ENA, Empowering Bettors to Receive Returns Even When Their Funds Are Not Being Wagered

Cloudbet, a leading cryptocurrency casino and sportsbook, announced the integration of Ethena USDe (sUSDe) and ENA.

Willemstad, Curaçao, Netherlands, 27th June, Chainwire

Cloudbet, the leading cryptocurrency casino and sportsbook, has announced the integration of Ethena USDe (sUSDe) and ENA. This integration will allow Cloudbet users to earn returns on their funds even when they are not being wagered.

This 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 shifted the paradigm of betting, setting a new standard for user-centric innovation.

Cloudbet’s decision to integrate Ethena's USDe, sUSDe, and ENA comes after a thorough evaluation of the current cryptocurrency landscape and in consultation with the crypto community. Speaking with several prominent voices at the forefront of the digital currency world made this opportunity clear.

The decision to include Ethena tokens and ENA, the governance token for the Ethena protocol which launched at $0.55 on April 27, 2024, is indicative of the platform’s proactive, crypto-native approach to developments in the space.

As of June 27, 2024, the sUSDe yield is 10.1%.

Furthering its commitment to crypto-friendly online gaming, Cloudbet also expanded its support to multiple blockchain networks, including TON and Base.

About Cloudbet

Cloudbet is a proud pioneer of crypto betting. Since its launch in 2013, as the world’s first crypto-friendly sportsbook and casino, Cloudbet has served hundreds of thousands of users and taken millions of bets, establishing a reputation as the most trusted, secure, and VIP-friendly brand in crypto gaming.

Cloudbettors can bet with 30+ cryptocurrencies, from Bitcoin, Ethereum, and stablecoins like USDC and USDT, to SOL and other popular altcoins. The site is available in 18 languages (including Spanish, German, Italian, French and Japanese).

For media inquiries, odds, and insights, please contact: media@cloudbet.com

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