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Home > News > BitCoin > Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’

Ethena Onboards Bitcoin as Backing Asset to Make USDe ‘Safer’

  • April 5, 2024
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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The platform will use a cash-and-carry trade to short bitcoin futures and pocket funding rates to generate yield on its USDe tokens.

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