Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility

AI Summary The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans. fulltext: 167 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.coindesk.com/business/2026/08/19/beyond-crypto-funding-rates-ethena-diversifies-usde-backing-with-usd1-billion-falconx-facility Source: CoinDesk