Collateral

Ethena

2026-10-01 11:51:36

Ethena says USDe supply grew by more than $700 million in September

Ethena said in its September review of USDe that the token’s supply increased by more than $700 million during the month. The update also said USDe has become the second-largest collateral asset on Morpho and the largest dollar-denominated collateral asset on the platform. In addition, USDe now supports two of the protocol’s three markets. The disclosure was cited by Odaily in a brief market update published on Oct. 1, 2026. No further figures or breakdowns were provided in the source material.

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Ethena

2026-10-01 11:59:41

Ethena says USDe supply has grown by more than $700 million, becoming Morpho’s largest dollar-denominated collateral asset

Ethena said USDe supply has increased by more than $700 million and has become the largest dollar-denominated collateral asset on Morpho. The update was cited by ChainCatcher in a 7x24 news brief. No other figures or timeline details were disclosed in the item. The statement centers on two points: supply growth for USDe and its position on Morpho by dollar-denominated collateral value. The source report did not provide additional context beyond Ethena’s disclosure.

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Binance

2026-09-30 03:30:54

Binance Margin to Add Seven bStocks Tokens as Collateral on Sept. 30

Binance will add seven bStocks tokens as eligible collateral assets across Cross Margin, Portfolio Margin, and Portfolio Margin Pro at 12:00 UTC on Sept. 30, 2026, according to an official announcement cited by Odaily. The newly added tokens are PDDHoldings (PDDB), ForwardIndustries (FWDIB), SharonAI (SHAZB), Wendy's (WENB), Adobe (ADBEB), HewlettPackard (HPEB), and Zoom (ZMB). Binance also said the corresponding bStocks trading pairs will be available for margin trading at the same time. Eligible users will be able to use these tokens as margin collateral. The feature will only be available to VIP 3 users and above in restricted jurisdictions, based on the announcement.

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Abracadabra

2026-09-30 02:50:33

Abracadabra proposal seeks orderly shutdown of MIM and protocol as effective backing falls below 4%

A governance proposal on Abracadabra’s forum calls for an orderly wind-down of the MIM stablecoin and the broader Abracadabra protocol after what it describes as a series of attacks left the system undercollateralized with no viable route back to its peg. The proposal says total collateral backing MIM debt stands at about $1.2 million, including roughly $300,000 in the Arbitrum WETH Cauldron, leaving around $900,000 that can actually be used to repay MIM. Against nearly $22 million in MIM circulating outside protocol-controlled addresses, that implies about $21 million in bad debt and an effective collateral ratio below 4%. Under the plan, collateral would be withdrawn from Cauldrons where possible, swapped into ETH, and distributed through a Merkl contract on a pro rata basis to borrowers and MIM holders. Borrowers would receive the value of their posted collateral after deducting MIM debt, while MIM holders would share the remaining assets based on their balances at the time of the snapshot. The proposal currently estimates a recovery value of about $0.04 per MIM. It also flags about $1 million in collateral in Stargate USDC and USDT Cauldrons as being at risk after the LayerZero V1 relayer deprecation notice requiring withdrawals by Dec. 15. Voting is set to end on Oct. 1, with 99.48% of votes currently in favor.

210

Aave

2026-09-28 03:59:29

Aave founder says protocol could expand into financing solar and space infrastructure assets

Aave founder and CEO Stani Kulechov said the way to measure Aave’s potential market is by looking at the universe of assets that can be used as collateral. In his view, a broader collateral base creates more room for lending activity. Kulechov said Aave’s business could eventually extend to what he described as “abundant” assets, including solar, batteries, GPUs, robots, and space infrastructure. He added that this transition would continue through 2050. Aave’s goal, he said, is to help move that timeline forward by roughly a decade by providing financing for those assets. The remarks were made in a post on X.

240

Aave

2026-09-26 14:30:57

Aave founder says lending collateral base could expand to solar, GPUs and robots

Aave founder and CEO Stani said on X that he views the protocol’s potential market through the lens of "addressable collateral" — the broader the range of assets that can be posted as collateral, the larger the lending market becomes. He said Aave started with crypto assets and later expanded into securities through Coinbase Tokenized Stocks and Horizon RWA. Looking ahead, he said the scope could extend to solar, batteries, GPUs, robots and even space infrastructure. Stani added that he expects this shift to continue through 2050, with Aave aiming to finance assets that support what he described as an "age of abundance" and potentially bring that timeline forward by around 10 years.

270

Galaxy Digita

2026-09-26 02:44:29

Galaxy Digital adds $100 million in sUSDS to treasury and collateral pool

Galaxy Digital, the Nasdaq-listed digital asset firm, has added $100 million of Sky Protocol’s yield-bearing savings token sUSDS to its corporate treasury and expanded its use inside the company’s institutional business. The firm said sUSDS will also be accepted as collateral across its institutional operations, which serve more than 1,600 counterparties. Galaxy also bought an undisclosed amount of SKY. Under the arrangement, Galaxy clients can post sUSDS as loan collateral while continuing to earn the Sky Savings Rate during the life of the loan. The update ties the token more closely to Galaxy’s lending platform rather than limiting it to treasury management alone. Galaxy’s institutional lending business has an average loan size of about $1.4 billion, according to the report. It also noted that Grove, a Prime Agent in the Sky ecosystem, had previously provided Galaxy with a $500 million warehouse lending facility. The news was reported by Bitcoin.com News and cited by Odaily.

240

Circle

2026-09-21 12:51:35

Circle launches Bitcoin-backed lending service for eligible Circle Mint clients

Circle said on Sept. 21 that it has rolled out its Digital Asset Backed Borrowing, or DABB, service for eligible Circle Mint LLC customers. The product is currently available on Arc and Ethereum mainnet and is designed to let clients access USDC liquidity without selling their Bitcoin. Under the setup, customers deposit BTC and mint Circle Wrapped Bitcoin, known as cirBTC, then use cirBTC as collateral in supported third-party lending markets to borrow USDC. The borrowed funds are settled directly into a Circle Mint account. According to Circle, the service combines BTC deposits, cirBTC minting, collateralized borrowing, and USDC settlement into one workflow. Clients keep control of their collateral and can add more collateral or repay loans as needed. Circle said the service currently supports Morpho-related markets and is expected to expand to more lending venues and third-party platforms later. Borrowing rates, collateral requirements, liquidation thresholds, and liquidity conditions depend on the market selected and may change over time.

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