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According to a report by Jinse Finance, the United Arab Emirates (UAE) has taken a significant step forward in coordinating its approach to cryptocurrency regulation. The UAE Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have announced the establishment of a strategic partnership to unify the country's cryptocurrency regulatory framework. A VARA spokesperson stated that this latest development formally establishes an agreement between the two regulatory bodies and will implement this intention through specific mechanisms.

According to ChainCatcher, Ethena Labs announced on social media that its Liquid Leverage product, launched last week, has attracted over $1.5 billion in capital inflows. Aave has also raised the relevant deposit caps: the sUSDe deposit limit has been increased to approximately $350 million, and the USDe deposit limit has been raised to about $300 million. The official team expects to announce the adjustment plan for USDe’s September quota within the next 36 hours. According to the introduction, Liquid Leverage is an integrated feature that allows users to gain leveraged exposure to sUSDe interest rates while maintaining overall position liquidity by holding USDe, without being subject to a cooldown period.