Ethena looks beyond crypto to squeeze yield from booming equity perpetuals

Bullish-0.11%
28 Aug, 12:30
Source: CoinDesk

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Ethena plans to shift USDe's backing toward real-world asset perpetuals, potentially eclipsing crypto derivatives within 12-24 months.

The issuer of the $4 billion USDe token said it expects real-world asset perpetuals to eclipse crypto derivatives in its backing within 12 to 24 months.