Why do project teams choose USDe/sUSDe?

When selecting yield-bearing assets, project teams face many options. But why did Reya ultimately choose Ethena's USDe—what considerations influenced this decision?

The key is that USDe has become a well-validated standard for synthetic stablecoins in the crypto market. From mainstream trading platforms to deep integration within the DeFi ecosystem, USDe is already widely used as collateral. This market recognition was not built overnight but has been earned through multiple market cycles, accumulating trust over time.

Choosing such a proven asset means the project gains stronger liquidity support and risk hedging capabilities. It also reflects industry consensus on synthetic stablecoin design—only assets that withstand market volatility and maintain their value peg are worthy of being core to the ecosystem. The launch of sUSDe further expands this standard's application within the yield ecosystem.