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Head of Ethena Growth: The next step is to include BTC as a collateral asset

2024-03-28 09:26
Odaily News Seraphim, head of growth at Ethena Labs, posted on the Dollar. Odaily Note: Ethena Labs is the development team of the stablecoin USDe. The characteristic of USDe is that its mortgage assets are composed of equal amounts of spot ETH and futures ETH short position combinations. The plan mentioned by Seraphim should mean that USDe will support the use of other currencies in the future. A large amount of spot BTC and futures BTC short position combinations serve as collateral assets.