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Ethena Labs Announces Details of USDe Token Holder Redemption Plan

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#DeFi
TechFlow
382Words
Jun 26, 2025

On June 26th, Ethena Labs announced details of the redemption plan for $USDe token holders. $USDe token holders need to fill out an electronic exchange form, providing their full name, address, contact information, public chain address/wallet ID holding the tokens, and the number of tokens. Proof of materials must be attached: wallet interface screenshot, signed message, or custodian account statement. The payment address can be the same as the current address holding $USDe or another address of the same wallet/custodial account. After completing KYC/AML review, a confirmation email will be received, including the redemption wallet address. After confirming the transfer of $USDe, Ethena will pay $USDC to the specified address. [深潮 TechFlow]

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