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Ethena Enhances Capital Efficiency and Asset Security Through Cobo SuperLoop

Retrieved on: 2024-02-21 12:10:05

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Ethena Enhances Capital Efficiency and Asset Security Through Cobo SuperLoop. View article details on HISWAI: https://www.globenewswire.com/news-release/2024/02/21/2832628/0/en/Ethena-Enhances-Capital-Efficiency-and-Asset-Security-Through-Cobo-SuperLoop.html

Summary

The article discusses Ethena's partnership with Cobo to enhance the security and efficiency of USDe, a synthetic dollar on Ethereum, using Cobo's SuperLoop for off-exchange custody and settlement, reducing counterparty risk within decentralized finance.

Article found on: www.globenewswire.com

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