Ethena Releases Proof of Reserves Amid Market Concerns, USDe Maintains $66 Million Excess
In response to growing concerns within the market, Ethena has issued a proof of reserves statement. This move aims to reassure stakeholders and the broader community about the financial stability of the platform. The report indicates that USDe, Ethena’s digital currency, currently holds approximately $66 million in excess collateral. This significant amount of collateral serves […]