- Strata will join the Ethena Network to develop structured financial products using SUSDE and real-world assets.
- This protocol allows risk transcing for investors seeking customized exposure to Ecena-based yield assets.
What if stubcoins, often considered boring, are instead used as the basis for flexible, reconfigurable financial products that can be adjusted to suit the user's risk appetite? That's what Strata, a new protocol recently announced as part of the Ethena network, is working on.
Ethena Labs has announced official support for hierarchies as the ecosystem's latest protocol. But rather than just a complement, Strata is quickly stepping up to build risk transcing systems and structured financial products on top of SUSDE, other Ecena assets, and real world assets (RWA).
This means you can upgrade Stablecoins like Susde. It is not a valuable store, but also a foundation for customizable investment equipment.
I'm excited to support @strata_money as the latest Ethena-centric protocol part of the Ethena network
Strata builds configurable risk transcing and structured products on top of Susde, other Ecena assets, and RWAS
Starting today, Sena will receive Strata Rewards https://t.co/nesxdnri2v pic.twitter.com/mgbcq82a6z
– July 11, 2025, Ethena Labs (@ethena_labs)
Strata unlocks Susde yield power for layered crypto products
The concept of transcing provided by Strata is not new in the traditional financial world. But in the crypto world, it could be a game changer. Through this mechanism, investors can select the most appropriate “layer” of risk and potential returns. Do you want something safe? It's here. I want something challenging, but is there a big return? There's something for everyone.
What's interesting is that all these products are built around Susde (Ethena's Stablecoin), previously known for their sophisticated strategies in the permanent futures market. Susde has already generated yields and can now extend its capabilities through Strata to include components in products such as tokenized bonds, on-chain mutual funds, and even real lattice-based blend yield strategies.
However, this is not Ecena's only effort to expand its utility network. In May, Ethena began integrating Crypto savings with major wallets on the Ton network. This allows anyone to bet Susde without the hassle of using bridges or switching to centralized exchanges.
A month ago, they partnered with Alchemy Pay to allow direct purchases of USDE and ENA using Visa, MasterCard and other Fiat methods.
Regulation Pivot: Ecena prepares global movement after EU redemption plan
Meanwhile, the CNF highlighted a move by Esena and German regulator Baffin to approve the USDE redemption plan 42 days before Esena withdraws from the European market.
Bafin lifted the previously issued ban in March, paving the way for Ethena GmbH to dissolve and transfer of claims to offshore companies. In this context, Ethena appears to be restructuring and restructuring its business to provide more flexibility in the global market.
Meanwhile, in the market, Enera, the native token of Enera, has attracted widespread attention. On July 11th, Ena rose sharply. 19% After being listed on Upbit, Korea's biggest exchange. It was then fixed to earn profits, but the token was still recorded 31% Increases every week. The amount of transactions also exploded. That ranges from $1.07 billion to $1.9 billion in just 24 hours.
Additionally, ENA has been added to Grayscale's “Assets under consideration” list. This list is usually an early signal that large institutions are focusing on assets. It not only examines emotions, but also the long-term value of the project.
