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Ethena Starts Backing USDe With Tokenized Stocks on Binance, Its First Equity Basis Venue
Ethena will hold Binance's bStocks as spot collateral for its roughly $4.9 billion synthetic dollar and hedge them with short positions in Binance equity perpetual futures.
Assets in this piece
CoinGecko last prints — not a Dextape quote.
Why it matters
A single-asset headline is not a market-wide fact. Check the tape, dominance, and whether the move is cash, derivatives, or a story premium.
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