Story thread · 2 reports / 2 sources
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
coindesk.com · 1h · first report

The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans.
The coverage
- Ethena diversifies USDe backing with $1B FalconX credit facility
cryptobriefing.com · 1h
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