Ethena Labs Seeks to Expand Collateral Pool for USDe Stablecoin
Ethena Labs, the developer behind the synthetic stablecoin USDe, aims to diversify its collateral pool by incorporating SOL into its treasury holdings. Unlike traditional stablecoins backed by fiat assets, USDe maintains stability through a combination of collateralization, hedged trades, and risk-managed reserves. If approved by the independent Risk Committee, SOL will join USDe as a […]
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