Ethena taps Anchorage for secure offchain collateral in institutional lending push
The Block·
60-second summary
Ethena is tapping Anchorage for secure offchain collateral in its institutional lending push, a move that began in April as part of a major overhaul of USDe reserves. This partnership aims to bolster Ethena's lending capabilities, catering to institutional clients.
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe reserves.