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Entity

USDe

USDe is a stablecoin issued by Ethena, designed to maintain a peg to the US dollar. It is backed by a combination of cash, US Treasuries, and yield-bearing crypto assets.

Why it’s in the news: It is in the news due to Ethena's strategic move to diversify its backing by securing a $1 billion funding facility from FalconX.

Explore USDe in the interactive graph

Latest on USDe

  • Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility

Connections

3 entities linked to USDe across the news graph.

Also connected to (3)
FalconXEthenaBeyond
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