YZi Labs has increased its investment in Ethena Labs to further support the growth of the USDe ecosystem, according to a report on September 19. USDe, the third-largest dollar-denominated crypto asset, boasts a circulating supply of over $13 billion. This strategic move by YZi Labs aims to enhance USDe's application across both centralized and decentralized platforms. The investment will also aid in the development of new products, including USDtb, a fiat-backed stablecoin, and Converge, an institutional settlement layer. These initiatives are expected to bolster the USDe ecosystem's infrastructure and expand its market reach.