The stablecoin earns yield by shorting ether futures and capturing funding rates – which have surged in the past two weeks.CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

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The stablecoin earns yield by shorting ether futures and capturing funding rates – which have surged in the past two weeks.CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data