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Bitcoin & Crypto DEVELOPING

Ethena expands USDe backing strategy into bStocks and equity perpetuals on Binance

WORLDTECH Developing: a current development WORLDTECH can ground but not yet describe in full. Details remain limited, the sources below are all WORLDTECH is relying on, and this item is expanded as further usable material arrives.

Single source: this development was reported by The Block. What WORLDTECH can establish is that the report was made, and by whom. It has not been matched against a second independent organisation and has not been officially confirmed by the organisations involved.

A seamless pattern of various cryptocurrency coins in gold and silver tones.
Illustrative photo.Photo by DS stories on Pexels

What happened

Ethena is adding Binance bStocks and equity perpetuals to the basis trade used for USDe's backing strategy.

Sources & evidence