Ethena Secures $1 Billion FalconX Facility to Diversify USDe Backing

2026-08-27

Ethena has established a $1 billion warehouse facility with FalconX, providing an additional revenue stream for assets backing its USDe stablecoin and directing on-chain capital towards overcollateralized institutional loans.

Source: CoinDesk

Reported by VERA Newswire.