Deribit to Add Ethena USDe as Crypto Margin Collateral
Crypto derivatives exchange Deribit announces plans to integrate Ethena’s USDe as rewarding margin collateral. ENA’s price jumps 20%. The prominent crypto derivatives exchange Deribit announced plans to integrate Ethena’s synthetic dollar, USDe, as margin collateral. This move will allow users to earn rewards for holding USDe while utilizing it as collateral in the cross-collateral pool for […]
Ethena Labs Unveils Triple Attestation for USDe Reserves
In an effort to increase openness regarding its USDe stablecoin, Ethena Labs promised to release monthly reports that include custody and reserve details. Three custodian attestations for the assets supporting Ethena Labs’ $2.67 billion USDe token, which is backed by cryptocurrency-denominated currencies, including Bitcoin (BTC) and Ether (ETH), were made public by the synthetic dollar […]