MEXC has announced a $36 million investment in Ethena and USDe to enhance decentralized finance (DeFi) stablecoin adoption. The investment includes $20 million allocated to USDe, an Ethereum-based synthetic dollar, and $16 million to Ethena, aimed at boosting the DeFi ecosystem. Additionally, various platforms are promoting competitive yields on stablecoins, with Plena Finance offering automated yield strategies for stablecoins like USDC, USDT, and DAI. Other notable offerings include SyrupUSDC, which provides instant liquidity with $10 million in total value locked (TVL) on Uniswap and Balancer, and HTX's USDD Earn, which offers a 20% annual percentage yield (APY). Furthermore, platforms like Coinbase and Wise Lending are also enhancing their services to attract users by offering high yields and incentives.