Ethena: Will expand neutral arbitrage trading to the stock and commodities markets

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BlockBeats message, April 7, Ethena’s official post announced that, after receiving approval from an independent risk committee, USDe will expand its collateral types.

Ethena said that this collateral asset diversification includes four directions, each of which is a natural extension of Ethena’s existing business:

1、Institutional stablecoin lending with overcollateralization: the collateral assets provided by the borrower are held by a third-party, institutional-grade custodian;

2、More real-world assets (RWA) beyond U.S. Treasury bills (T-Bills): expanding to more high-quality, liquid credit-based assets;

3、Basis trading for equities and commodities: extending Ethena’s delta-neutral (neutral hedging) approach already applied to crypto assets to traditional assets;

4、Prime lending for trading institutions: providing funds to trading firms through overcollateralized loans, with the counterparty bearing the risk of the trading platform.

ENA0,43%
USDE-0,02%
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