Ethena USDe (USDe)

Here's what happened @ethena in June:

• Partnered with @BlackRock with USDe now integrated into BlackRock Aladdin which houses $25t of AUM.

• Partnered with @RobinhoodApp as the primary collateral in their new crypto earn product.

• Partnered with @coinbase to grow onchain finance and savings products.

• Coinbase Ventures made its first open-market investment into Ethena.

• The USDe vault on Coinbase grew to nearly 200m in a few weeks.

• @stablecoin_x began trading on Nasdaq Global Market under the ticker "USDE", giving public-market investors direct access to the Ethena ecosystem.

• Published our plan for the next phase of USDe backing diversification, broadening real-world asset exposure beyond tokenized T-Bills.

• Partnered with JanusHenderson to allocate and support distribution of their tokenized, high-quality liquid CLO funds.

• Integrated JAAA, Janus Henderson's AAA CLO strategy, into USDe's backing through a partnership with @Centrifuge.

• Integrated STAC, the Securitize Tokenized AAA CLO Fu

🚨 BINANCE'S OWN EX-CFO SAYS OCT 10 BROKE THE MARKET

USDe: $0.65 on Binance. $1 everywhere else. Same asset, same second.

Binance priced collateral off its own thin order book no external oracles.

One flaw. $19B liquidated. 1.6M traders gone.

CZ calls it "far-fetched." His own ex-CFO disagrees.