Ethena Scores $480B TradFi Partner as Janus Henderson Commits to USDe
In recent developments, ethena has secured a strategic partnership with Janus Henderson, a global asset manager overseeing approximately $480 billion, to diversify USDe’s reserve portfolio with AAA-rated tokenized collateralized loan…
Ethena Labs Moves Into Institutional Off-Chain Lending With Anchorage Digital
In recent developments, anchorage Digital has expanded its Atlas Collateral Management platform through a new arrangement with Ethena Labs, positioning the federally chartered crypto bank as collateral manager for Ethena’s…
Ethena’s USDe loses $8.3B since October crash amid ‘loss of confidence’
In recent developments, ethena’s synthetic stablecoin USDe has seen its market cap cut almost in half since the Oct. 10 crash, as investors retreat from leveraged and synthetic collateral models.…
Ethena’s synthetic USDe contracts sharply as dollar-backed stablecoins expand
In recent developments, ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. Looking closer, market participants…
