FalconX

News and analysis of Arthur Hayes' bullish stance on the Ethena (ENA) StablecoinX SPAC deal and token buyback in July 2025.

Ethena Expands USDe Strategy With $1 Billion FalconX Credit Facility

Izabela Anna - August 19, 2026

Ethena has opened a new route into institutional credit through a $1 billion secured facility with FalconX. The agreement lets FalconX finance borrowers with assets supporting USDe. Ethena seeks returns...

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