The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.
Cointelegraph•Cointelegraph by Nate Kostar19 Aug
Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to finance overcollateralized loans for institutional borrowers. How the $1 billion USDe facility will work FalconX and Ethena said the warehouse financing arrangement…
Ethena's shift to institutional lending via FalconX enhances stability and yield potential, mitigating risks from volatile funding rates.
CryptoBriefing•Editorial Team19 Aug
CoinDesk•AI Boost19 Aug
Stablecoin market cap on the chain has reached $640 million, the bulk of which has come from USDe.
The Block•Ivan Wu and Bryan Samsoedin17 AugStablecoin market cap on the chain has reached $640 million, the bulk of which has come from USDe.
The Block•Ivan Wu and Bryan Samsoedin17 Aug
StablecoinX Inc. emerged from its Nasdaq merger with about 3 billion ENA tokens, a position equal to roughly 20% of the token’s supply. The New York company disclosed the stake with results for the quarter ended June 30. StablecoinX started trading as USDE on June 26, one day after closing its merger with TLGY Acquisition […]
Bitcoin.com News•Jamie Redman16 Aug
There is a clear divergence for Robinhood Chain in the number of transactions and TVL growing against a stagnating user base.
The Block•Ivan Wu and Bryan Samsoedin11 Aug
Ethena's strategic asset deployment and partnerships enhance DeFi liquidity, but yield sustainability hinges on favorable market conditions.
CryptoBriefing•Editorial Team10 Jul
Ethena's fee removal for USDe minting may boost institutional adoption but highlights DeFi's shift towards regulatory compliance.
CryptoBriefing•Editorial Team9 Jul
BlackRock's integration of USDe into its platform could accelerate institutional crypto adoption, but synthetic dollar risks remain significant.
CryptoBriefing•Editorial Team29 Jun
Ethena says USDe now reaches BlackRock's Aladdin institutions as ENA rallies, with BUIDL backing its white-label product.
BeInCrypto•Lockridge Okoth29 Jun
The world's largest asset manager will list the USDe synthetic dollar as an approved asset on its institutional risk platform, while its BUIDL fund becomes the primary backing for Ethena's whitelabel stablecoins.
The Defiant•The Defiant Team29 Jun
Ethena’s governance token ENA has climbed after BlackRock integrated the project’s synthetic dollar USDe into its Aladdin investment platform, extending institutional access to a system used to oversee more than $20 trillion in assets. According to a June 29 X…
The move makes USDe more accessible to investment professionals wishing to take advantage of 'digital dollar exposure.'
The Block•RT Watson29 Jun
StablecoinX Inc. (Nasdaq: USDE) began trading Friday after closing its SPAC merger with TLGY Acquisition Corp., becoming the first publicly listed company holding approximately 3.03 billion ENA tokens and building infrastructure for the Ethena ecosystem.
The Defiant•The Defiant Team26 Jun
StablecoinX's NASDAQ debut highlights the growing institutional interest in crypto ecosystems, but poses significant concentration risks for investors.
CryptoBriefing•Editorial Team26 JunStablecoinX debuted on Nasdaq under ticker USDE, bringing the first public stablecoin infrastructure company focused on Ethena to U.S. equity markets.
AMBCrypto•Adewale Olarinde26 Jun
StablecoinX starts Nasdaq trading under USDE after its TLGY merger, holding $275m in ENA tokens tied to Ethena’s stablecoin ecosystem.
USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion.
Cointelegraph•Cointelegraph by Martin Young26 Jun