Deribit Exchange announces integration of Ethena’s USDe as margin collateral

Deribit will integrate Ethena’s USDe as collateral by January 2025. USDe’s decentralized model uses derivatives, unlocking new structured products. Ethena’s governance token ENA token hit an intraday high of $0.63 on the integration news. In a groundbreaking move for the cryptocurrency derivatives market, Deribit, one of the world’s largest crypto derivatives exchanges, has revealed plans... source: https://coinjournal.net/news/deribit-exchange-announces-integration-of-ethenas-usde-as-margin-collateral/