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Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility

The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans.

Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

Read the original at coindesk.com →

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