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Ethena has opened a new route into institutional credit through a $1 billion secured facility with FalconX. The agreement lets FalconX finance borrowers with assets supporting USDe. Ethena seeks returns beyond traditional crypto strategies. The structure could broaden USDe’s income sources, but it increases exposure to collateral performance. Credit Channel FalconX will originate and manage […] Read The Full Article Ethena Expands USDe Strategy…
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