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Ethena Starts Equity-Basis Rollout for USDe With Binance

#USDT

TLDR — Ethena said Sept.

Signal data─ Neutralconfidence 50%Low materiality
AssetUSDTEventsector-trendEvent timeAttention0 readers/hrNormalSmart readers0

Ethena said Sept. 25 that it is beginning to allocate USDe backing to equity-basis trades through Binance, its first exchange partner for the strategy. The trades will pair bStocks tokenized equities with short positions in Binance’s USDT-denominated equity perpetuals. “Allocations begin today,”... Read the full story at The Defiant

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