Ethena is taking USDe beyond crypto.
Ethena has started using Binance’s tokenized bStocks as spot collateral while hedging the exposure with USDT-based equity perpetuals.
The strategy aims to generate additional funding yield by applying the delta-neutral basis approach used in crypto to equity markets.
With Binance’s equity perpetual market continuing to grow, Ethena is expanding USDe’s yield sources beyond traditional crypto assets.
This could mark another step toward combining stablecoins, tokenized stocks and derivatives into a single yield strategy.
$CC
$RAIN.US
$NEAR
Ethena has started using Binance’s tokenized bStocks as spot collateral while hedging the exposure with USDT-based equity perpetuals.
The strategy aims to generate additional funding yield by applying the delta-neutral basis approach used in crypto to equity markets.
With Binance’s equity perpetual market continuing to grow, Ethena is expanding USDe’s yield sources beyond traditional crypto assets.
This could mark another step toward combining stablecoins, tokenized stocks and derivatives into a single yield strategy.
$CC
$RAIN.US
$NEAR
