Ethena Labs: Coinbase International Station Becomes USDe Underlying Asset Hedging Platform

Ethena Labs announced on the X platform that Coinbase International Exchange has become the latest hedging platform for $USDe underlying assets. It is claimed that Coinbase International Exchange's open interest has recently exceeded $1 billion, and providing liquidity can diversify the hedging of $USDe underlying assets through attractive financing rate configurations. [Odaily Planet Daily]