Web3
Ethena Risk Committee Member Proposes Up to $1 Billion in SAFO Backing for USDe
TokenPost·October 27, 2026·1 min read
An Ethena risk committee member proposed backing USDe with up to $1 billion in SAFO. The proposed cap would be $500 million through December 31, 2026, and $1 billion in 2027. Exposure would be governed by BNP Paribas credit-spread triggers, limiting risk.
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