TREE NEWS update: FalconX and Ethena have established a $1 billion institutional credit facility that will deploy assets backing USDe into overcollateralized loans, expanding Ethena’s yield sources beyond crypto basis trades. This move integrates real-world asset lending into the stablecoin ecosystem, potentially enhancing returns for USDe holders.
FalconX and Ethena Launch $1B Credit Facility for USDe Backing Assets
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