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Home›Crypto›Market Structure›Ethena expands USDe backing strategy with Binance bSto…

Ethena expands USDe backing strategy with Binance bStocks and equity perps

Reported · Written up by our desk · Market Structure

Ethena is expanding the basis trade it uses to support USDe, adding Binance bStocks and equity perpetuals to its backing approach, according to The Block.

The outlet said the move updates Ethena's USDe backing strategy by broadening the types of instruments used for the basis trade.

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Sources

The BlockEthena expands USDe backing strategy into bStocks and equity perpetuals on Binance

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