- Ethena reveals new USDe custody data.
- Impact on reserves and redemption liquidity.
- Partnerships enhance transparency and reach.
Ethena Labs released its USDe asset custody certificate on May 6, 2025, marking a 4.765 billion supply as of April 26.
This update highlights Ethena Labs’ commitment to transparency, affecting financial strategies and market confidence in synthetic asset management.
Ethena Labs and the USDe Custody Certificate
Ethena Labs’ release of the USDe custody certificate shows a total supply of 4.765 billion. Released on May 6, 2025, it reflects data from April 26, 2025.
Ethena Labs collaborated with partners like Harris & Trotter and Chaos Labs. Chaos Labs contributed risk assessment expertise, while LlamaRisk provided essential independent verification.
Financial Data and Transparency
The certificate confirms $44.695 million available for redemption and a $60.95 million reserve. Assets held by Copper are valued at approximately $663 million.
This financial data illustrates the shift in Ethena’s transparency standards. The USDe supply, backed by mixed assets, is notable for market observers.
The USDe asset custody certificate represents a significant milestone in Ethena’s commitment to transparency. — Ethena Labs Team, Ethena Labs
Future Trends and Strategies
Current trends show that transparency initiatives potentially shape future digital asset strategies. This affects investor confidence and regulatory landscapes.
Insights from historical trends indicate a steady demand for transparency in digital assets. Ethena’s strategy may influence technological innovation and financial policies in crypto markets.
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Ethena Releases USDe Custody Certificate, 4.765 Billion Supply
Ethena Labs released its USDe custody certificate on May 6, 2025, marking a 4.765 billion supply as of April 26. Key takeaways include impacts on reserves, transparency, and partnerships.
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