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
https://cointelegraph.com/news/falconx-ethena-launch-1b-usde-backed-institutional-lending-facility?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

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