Ethena Announces New Qualified Asset Framework for Collateral Approval

BlockBeats News, August 22 — Ethena Labs has officially announced the establishment of a new qualified asset framework for approving collateral assets, with a particular focus on the perpetual futures segment backed by USDe collateral. As part of this new framework, BNB has been approved as the first new qualified asset to support USDe. BNB is the first newly approved supporting asset, while XRP and HYPE have also met all the criteria set by the framework and are now candidate assets slated for upcoming listing.

The Ethena Labs Risk Committee will regularly update the list of approved collateral assets, and approval does not necessarily mean that an asset will be listed immediately.