Ethena has introduced a $1 billion secured lending facility with FalconX to add institutional lending activities linked to USDe-backed assets. This arrangement uses overcollateralized credit funded by USDe's backing assets, with FalconX managing origination, servicing, and collateral. The move broadens the risk profile of USDe, which already includes collateral custody and counterparty risks, and incorporates institutional credit exposure. Ethena also expanded its collateral types by adding Binance tokenized U.S. stocks and completed a SOC 2 Type II audit, while facing regulatory challenges in Germany requiring business wind-down by mid-2025.
As of Oct 07, 2026 11:02 WIB, BNB (Binance Coin), which is part of the new collateral types added by Ethena, trades at Rp13.739.141 on Pluang with a 1-day change of -1.55%. The market cap of BNB stands at Rp1.824,02 trillion, and its 24-hour trading volume is Rp24,96 trillion. This data highlights the significant scale and trading activity of BNB, complementing Ethena's expansion into tokenized U.S. stocks as collateral in its lending facility.
At TOKEN2049 in Singapore, Ethena Labs CEO Guy Young emphasized that yield in crypto is not a commodity because different products carry different risks based on how operators manage them. Ethena’s USDe and sUSDe tokens use a delta-neutral strategy t...
Grayscale is increasing its bullish outlook on Zcash, highlighting its growing role in blockchain privacy. Grayscale's Head of Research, Zach Pandl, is set to present the "Macro Case for Zcash" at a major digital asset summit, signaling rising instit...
A 2026 report shows Satoshi Nakamoto, Coinbase, and BlackRock as the largest Bitcoin holders, with AI currently only simulated to favor Bitcoin in monetary scenarios. While AI models overwhelmingly choose Bitcoin to preserve purchasing power, actual ...
XRP futures trading volume remained close to the highest levels seen in the past six months during September, with Binance leading the market at $32.36 billion in volume. Other major exchanges like Bybit and OKX also reported strong activity, indicat...
XRP futures trading surged in September, reaching the highest volume in six months, driven by strong activity on major exchanges. Binance led the market with $32.36 billion in XRP futures volume, followed by Bybit and OKX. This increase signals growi...
