Ethena Labs announces Coinbase International as USDe's underlying asset hedging platform

Crypto 7x24

2025-07-11 00:22:32

1.44W

According to online reports, Ethena Labs announced that Coinbase International has become the latest hedging platform for USDe's underlying assets. "Open interest on Coinbase International Station has recently exceeded US$1 billion. It provides important liquidity and can be used to diversify the hedging of USDe's underlying assets through attractive financing rate allocation."

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