CryptoCointelegraphabout 2 hours ago
FalconX, Ethena launch $1B USDe lending facility
1 min read
FalconX and Ethena launched a $1 billion secured lending facility using assets backing USDe for overcollateralized institutional loans. The facility, structured through a special purpose vehicle, expands Ethena's returns beyond crypto basis strategies. USDe has a market capitalization of about $4 billion.
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