Ethena shared plans to allocate a part of its $235 million USDT stablecoin collateral and $45 million surplus reserve in yield-generating real-world asset offerings.
BlackRock's BUIDL, a money market fund represented by an Ethereum-based token, seeks a $34 million allocation from Ethena's $45 million Reserve Fund, according to aSteakhouse Financial alsofor a Reserve Fund allocation on Monday with a USDC lending vault on DeFi platform Morpho Blue, which is overcollateralized by wrapped bitcoin , wrapped staked ether and Backed's tokenized Treasury Bills product .
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: TheBlock__ - 🏆 464. / 53 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »