The Block (@TheBlockCo): THE BLOCK: Ethena will deploy assets backing USDe into overcollateralized institutional credit through a new $1 billion secured lending facility with…
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THE BLOCK: Ethena will deploy assets backing USDe into overcollateralized institutional credit through a new $1 billion secured lending facility with FalconX. FalconX will originate and service the loans, with collateral held at qualified custodians.