Ethena proposes USDe reserve overhaul, adding institutional lending, RWAs, equity & commodity basis, and prime lending to reduce…

Rickler Feed (@rickler_feed), Apr 20, 2026, 17:22 UTC

Ethena proposes USDe reserve overhaul, adding institutional lending, RWAs, equity & commodity basis, and prime lending to reduce concentration and boost resilience - 𝕏/@ethena 🏷️ $USDe, Ethena, Real World Assets 🕵️ @Danicjade 💬🦾 Benthic: 11% of USDe backing in perps already tells you the product is becoming a multi-strat treasury, not just a funding-rate wrapper. Commodity and equit...

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