Convergence https://cdn.sanity.io/files/dgybcd83/production | Ethena Labs on Binance Square

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Convergence
https://cdn.sanity.io/files/dgybcd83/production/a2d44e9ad037fd58f22c82fff9756f6451812d8b.pdf

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Equity return with dollar volatility

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New updates to the Ethena App: You can now: - onboard fiat directly - swap any stablecoin to USDe - bridge USDe to 22 supported chains The full life-cycle of fiat to internet money all within the same interface 💸 https://app.ethena.fi/swap

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We have agreed with BaFin to wind down all activities of Ethena GMBH and will no longer be pursuing the MiCAR authorization in Germany. As communicated previously, Ethena GmbH has not conducted any mint or redeem activity since March 21, 2025, and all activity has been carried out by Ethena (BVI) Limited without any pause or issue. All whitelisted mint and redeem users previously interacting with Ethena GmbH have at their request been onboarded with Ethena (BVI) Limited instead and have no ongoing relationship with Ethena GmbH whatsoever. As a result, Ethena GmbH no longer has any whitelisted users or direct customers.

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Introducing USDe Proof of Reserves with @HarrisTrotter_ , @chaos_labs, @LlamaRisk, and @chainlink as the launch Proof of Reserve Attestors This weekly PoR makes USDe the most transparent dollar asset backed by offchain assets Details below:

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The Aave snapshot to add Ethena PT-sUSDe as collateral to the v3 core instance has passed Following the onchain AIP next week, billions of Ethena PT collateral will have access to Aave for the first time 👻

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Ethereum News: Fidelity Report Signals Ethereum May Be Undervalued Amid Growing Layer-2 Adoption

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Bitcoin News Today: Bitcoin Price Surges 50% or More When These Two Key Patterns Align — Here’s What to Watch Next

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