TREE NEWS reports: FalconX and Ethena have established a $1 billion secured revolving credit facility via an SPV, channeling USDe reserves into overcollateralized institutional credit. This marks the first large-scale deployment of stablecoin reserves into private credit, transforming Ethena into a wholesale lender. The move diversifies USDe’s yield sources and adds a stable income floor, reducing reliance on funding rates.
Ethena and FalconX Launch $1B Secured Lending Facility for USDe Reserves
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
Pineapple Financial to tokenize $10B mortgages on Injective
2h ago
USD AI Tokenizes GPU-Backed Credit for Mid-Sized Borrowers
3h ago
OpenReserve gets preliminary OCC nod for US national bank
5h ago
Robinhood Chain Daily DEX Volume Hits $1.69B, Own Users Only 1-2%
6h ago
AMC CEO Aron Calls Robinhood Tokenized Shares ‘Vile’
8h ago
AMC CEO Slams Robinhood Tokenized Stocks, Meme Coin Surges