Ethena Labs targets $20B USDe growth as it adds BNB, XRP, HYPE to its collateral framework

Ethena Labs has expanded the list of eligible assets to support its synthetic dollar, USDe, by approving BNB, XRP, and Hyperliquid’s HYPE. The move is part of a new Eligible Asset Framework that sets clear benchmarks for which tokens can be used in the stablecoin’s collateral system. Liquidity concerns According to the Ethena Risk Committee, The post Ethena Labs targets $20B USDe growth as it adds BNB, XRP, HYPE to its collateral framework appeared first on CryptoSlate.