Ethena's USDe integration across Avalanche and Monad blockchains could drive adoption and demand for ENA, marking a significant infrastructure expansion as of July 21, 2026. The protocol has rolled out key infrastructure updates, enabling USDe deposits on Avalanche and launching USDe/sUSDe on Monad's Aave deployment. This follows Bybit's removal of minting fees for USDe, broadening the synthetic dollar's accessibility.