Ethena is partnering with @Centrifuge as a strategic tokenization partner, with the integration of JAAA, Janus Henderson's AAA CLO strategy, into USDe's backing. This is the first non-T-Bill RWA collateral in USDe's backing, approved by the Ethena Risk Committee following independent due diligence. Every RWA is evaluated against four strict criteria: liquidity, credit quality, drawdown profile, and pricing transparency. AAA RWA returns are driven by factors independent of crypto markets. Diversifying USDe's backing into these assets strengthens its resilience across market cycles.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Ethena is partnering with @Centrifuge as a strategic tokenization partner, with the integration of JAAA, Janus Henderson's AAA CLO strategy, into USDe's backing. This is the first non-T-Bill RWA collateral in USDe's backing, approved by the Ethena Risk Committee following independent due diligence. Every RWA is evaluated against four strict criteria: liquidity, credit quality, drawdown profile, and pricing transparency. AAA RWA returns are driven by factors independent of crypto markets. Diversifying USDe's backing into these assets strengthens its resilience across market cycles.

Name & Symbol: Centrifuge ($CFG)
Address: 0xcccccccccc33d538dbc2ee4feab0a7a1ff4e8a94

Here's what happened @ethena in February: • Went live with eSui Dollar (suiUSDe) on @SuiNetwork, powered by Ethena Whitelabel. • Crossed $130m+ in native stablecoins built on Ethena Whitelabel across MegaETH, Jupiter, and Sui. • Hit $1.1b+ in USDe cross-chain supply, up from $120m in May. • Rolled out Ethena Exchange Points, rewarding trading on @etherealdex and @hyenatrade. • @etherealdex crossed $7B in cumulative trading volume. • Distributed $915k+ in USDe rewards to @etherealdex traders and $850k to @hyenatrade on their margin balance. • @hyenatrade hit $2B total volume, >$60M daily volume ATH, and 10K+ users. • Crossed $150M in USDe supply on USDe-native perps. • Enabled USDe mint and redeem on @HTX_Global with daily rewards. • Brought Ethena-powered savings to @LBank_Exchange. • Listed USDe-USDH perp on @felixprotocol. • @strata_markets srUSDe April PT is now live on @aave v3 core - alongside a refreshed UI/UX, updated branding. • sENA holders now receive 5% of @EchelonMarket $ELON total supply. • Joined @EntEthAlliance.

Name & Symbol: Echelon ($ELON)
Address: 0xe07ae3a6f1bd86b92b563084e286757eb34878d7

Here's what happened @ethena_labs in January: • USDe listed on @Official_Upbit and @BithumbOfficial, South Korea's largest exchanges • @hyenatrade by @BasedOneX reached $1b in total volume, with $500k+ in USDe rewards distributed to traders after opening access to the public • @etherealdex crossed $75M USDe TVL • Partnered with @safe to accelerate USDe adoption on multisig wallets • JupUSD launched on Solana as the latest Ethena Whitelabel stablecoin to go live • USDe listed on @LBank_Exchange as spot pair and earn product • USDe expanded to @HTX_Global • Selected @krakenfx as custody partner for USDe backing assets • @EchelonMarket announced TGE and airdrop to sENA holders (5% of $ELON total supply) • USDe now earns institutional clients rewards while in custody at @CeffuGlobal • Made @coingecko's list of Top 10 Crypto Protocols by 2025 Revenue (#5) • sUSDe joined Echelon's Fixed Yield product as Day 1 launch partner • Joined @cantinaxyz and industry leaders in developing Web3SOC, an institutional due diligence framework for DeFi • @blockworksres made their Ethena analytics public • Co-hosted event with @BasedOneX in South Korea • @gdog97_ announced to speak at @blockworksDAS • Latest Ethena PTs listed on @aave's @Plasma instance • February sUSDe PT cap on @aave Core raised by $240M to $720M total • April sUSDe PT cap on @aave Plasma raised by $400M to $1.2B total • Updated handle: We're now @ethena.

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0