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

60-second summary

Ethena expands its USDe backing strategy by incorporating Binance’s bStocks and equity perpetual contracts into the basis‑trade framework, allowing the stablecoin to be collateralized with a broader range of tokenized equities. This diversification aims to enhance liquidity and risk management, potentially strengthening USDe’s peg stability while signaling growing institutional interest in crypto‑linked equity derivatives.