Ethena Labs and Securitize today announced the upcoming launch of Converge, a new blockchain designed to support and advance DeFi and tokenized assets. Developed jointly by Ethena and Securitize, Converge is a purpose built EVM blockchain, optimized for both retail and institutional DeFi.

We are excited to share that USDe has been widely integrated throughout Deribit, the industry’s leading options and derivatives exchange.

USDtb, an Ethena ecosystem stablecoin backed by Blackrock’s BUIDL, has been listed on Bybit and will be available as margin collateral within the next week.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our eleventh attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.

We are excited to share that USDe will be widely integrated throughout MEXC as of Febraury 27th.

As the dust settles on the largest hack in crypto history, we wanted to provide an in-depth breakdown of how the protocol handled what many thought would be a “worst case scenario” event.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our tenth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.

Ethena’s USDe and sUSDe were further integrated into Spark’s Liquidity Layer today via enabling direct holding of USDe and sUSDe, up to a total allocation of $1.1 billion in the near term. Onboarding Ethena into the Spark Liquidity Layer will allow Spark to access Ethena rewards directly rather than via lending markets.

In an effort to improve the transparency of the Ethena protocol’s backing assets beyond our current collateral and exchange breakdown provided on the dashboards, we are excited to share our ninth attestation reports from all integrated custodians, verifying the assets backing USDe reside off-exchange within institutional custodial solutions.