Ethena plans to diversify its USDe stablecoin reserve assets into non-crypto options like commodities, equities, and institutional lending to improve falling yields and poor market performance. The move comes after USDe's yield collapsed from highs of 10-22% in late 2024 to just 3.54% in April 2026, matching risk-free T-Bill rates and causing a 2.5x drop in USDe supply from $14.8 billion to $5.8 billion. Founder Gary Young says this diversification aims to reduce reliance on volatile crypto cycles and strengthen USDe's resilience. While some experts support the strategy, others still view USDe as risky.
Ethena (ENA) holders are increasingly profitable, with daily transaction volumes in profit surpassing those in loss, indicating many holders are above their cost basis. Whale and retail trader activity has risen alongside ENA trading above its 20-day...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
Ethena (ENA) has gained 14.11% since early July, reclaiming short-term resistance at $0.08, helped by strong user deposits via Robinhood Earn. However, the token remains down 94% from its all-time high and faces a bearish long-term trend with key res...
