Ethena launched a $1B secured lending facility with FalconX to support USDe using institutional credit alongside crypto funding rates.
Diversifying the yield engine may reduce reliance on one market condition, but it adds credit and counterparty exposure. USDe’s resilience will depend on collateral controls and transparency not the facility’s size alone.
#FOMC9To3Split #BTCBreaks69000 #XiaomiQ2Earnings
$BTC $ETH $HYPE
Diversifying the yield engine may reduce reliance on one market condition, but it adds credit and counterparty exposure. USDe’s resilience will depend on collateral controls and transparency not the facility’s size alone.
#FOMC9To3Split #BTCBreaks69000 #XiaomiQ2Earnings
$BTC $ETH $HYPE