Ethena Labs Re-poster
// Enabling Internet Money_
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We are pleased to confirm that caps have been raised for two Ethena PTs on @aave.
The February sUSDe PT cap on the Core instance has been raised by $240 million, reaching a total cap of $720m. Additionally, the April sUSDe PT cap on the @Plasma instance has been raised by $400 million, bringing the total cap to $1.2bn.
The February sUSDe PT cap on the Core instance has been raised by $240 million, reaching a total cap of $720m. Additionally, the April sUSDe PT cap on the @Plasma instance has been raised by $400 million, bringing the total cap to $1.2bn.
Great news for the community: the latest Ethena PTs are now listed on the @aave instance on @Plasma!
The April USDe PT has been added with a $40 million cap, while the April sUSDe PT features a $100 million cap.
As demand scales, these caps will be quickly raised by hundreds of millions in PT capacity over the coming days.
The April USDe PT has been added with a $40 million cap, while the April sUSDe PT features a $100 million cap.
As demand scales, these caps will be quickly raised by hundreds of millions in PT capacity over the coming days.
Ethena has chosen @krakenfx to serve as its partner for the custody of assets that back USDe.
With this decision, Kraken Custody becomes part of a distinguished group that includes Copper, Ceffu, and Anchorage Digital Bank.
With this decision, Kraken Custody becomes part of a distinguished group that includes Copper, Ceffu, and Anchorage Digital Bank.
We are thrilled to share that @Anchorage has joined the ranks of custodians supporting the asset backing of USDe.
Anchorage Digital Bank stands as the first crypto-native bank in the United States to receive federal chartering, operating under rigorous regulatory guidelines.
Anchorage Digital Bank stands as the first crypto-native bank in the United States to receive federal chartering, operating under rigorous regulatory guidelines.
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