Ethena launches USDe payments app, offers 6% rewards
The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.
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The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.
The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.
Ethena has entered the crypto neobanking race. It is taking its synthetic dollar USDe one step closer to everyday money.
Ethena founder expects the $6B RWA perps market to 100x in the next 1-2 years
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The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena's sources of returns beyond crypto basis strategies.
Ethena and FalconX have launched a $1 billion secured lending facility that will use assets backing USDe to finance overcollateralized loans for institutional borrowers.
Ethena's shift to institutional lending via FalconX enhances stability and yield potential, mitigating risks from volatile funding rates. Ethena diversifies USDe backing…
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans.