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Ethena plans to back USDe with equity perpetuals, targeting RWA derivatives as primary collateral Ethena, issuer of the $4 billion USDe stablecoin on Ethereum, is shifting its yield strategy toward tokenized equity derivatives rather than crypto perpetuals, expecting real-world asset backing to dominate within 12 to 24 months. https://ethernews.org/story/ethena-plans-to-back-usde-with-equity-perpetuals-1493b64e12
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