Ethena has formed a strategic partnership with Janus Henderson, a global asset manager with $480 billion in assets, to diversify USDe's reserve portfolio by integrating Janus Henderson's AAA-rated tokenized collateralized loan obligations (CLOs) capped at around $310 million. Janus Henderson also made a strategic investment in Ethena's governance token and plans to distribute USDe through regulated exchange-traded products aimed at institutional investors, targeting launches in the second half of 2026. This move adds high-quality real-world assets to USDe's crypto-native backing, enhancing credit credibility and reducing reliance on crypto market yields. The partnership reflects growing institutional interest in onchain dollars and tokenized real-world assets.
Ethena has appointed FalconX as its institutional lending partner, establishing an overcollateralized stablecoin credit facility to support its synthetic dollar, USDe. Under this partnership, Ethena will provide a revolving senior secured credit faci...
Arthur Hayes predicts that the Federal Reserve's plan to help Japan defend the yen by using the FIMA Repo Facility will increase dollar liquidity, which could drive up Bitcoin prices. Japan would use its US Treasury holdings to borrow dollars, conver...
