Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.

https://www.coindesk.com/markets/2024/03/08/stablecoin-project-ethena-labs-bags-4m-for-usde-treasury/?utm_medium=referral&utm_source=rss&utm_campaign=headlines