EntryCrypto

Ethena Starts Equity-Basis Rollout for USDe With Binance

The Defiant · · Exchanges · DeFi

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,”......

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