Ethena Expands USDe Backing Strategy Into Tokenized US Equities

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$ENA

$0.2667

0.0%

$USDE

$4.94B mcap

$BNB

$771.67

-0.4%

Ethena is expanding the basis-trade strategy behind USDe into tokenized U.S. equities. Binance bStocks can be used as tokenized spot assets while equity perpetual futures hedge the market exposure. The strategy broadens USDe’s backing…