According to Foresight News, the decentralized yield protocol Neutrl has announced the inclusion of the stablecoin USDe in its treasury allocation as part of its strategic partnership with Ethena Labs.
Neutrl indicates that its decision to allocate USDe is not driven by short-term incentives or emission revenues, but adheres to a long-term, protocol-first philosophy, focusing on scalable yield generation strategies. Neutrl is designed for institutional-grade market-neutral yield, primarily through structured strategies such as OTC arbitrage and cash-and-carry trading, issuing composable, highly liquid, and fully collateralized synthetic dollar assets on-chain. Neutrl points out that USDe, as a collateral asset, can already be deployed for trading on centralized exchanges and has the potential for future OTC scenarios, enhancing its capacity as a reserve asset and capital efficiency. At the same time, the characteristics of USDe in terms of liquidity, collateral structure, and counterparty risk further enrich Neutrl's stablecoin diversification strategy.
Currently, Neutrl is in the private testing phase, managing assets exceeding 42 million dollars. In the future, Neutrl plans to launch a real-time transparent dashboard and intends to publicly release and further deploy in environments suitable for synthetic dollars and high capital efficiency yields.