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Home / ALTCOINS / FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

  Crypto Today
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

FalconX, Ethena bring USDe backing assets into $1B institutional credit facility

The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis strategies.

Source: Cointelegraph


  Crypto Today