USDe basis trade collateral jumps to $959M from $54M in 40 days, desk account says

A desk account reports that collateral backing the USDe basis trade rose from $54M to $959M in 40 days, with basis accounting for roughly 20% of USDe supply and 96.5% of its $938M supply growth, as USDe supply grew 24%. Another account noted USDe holders at all-time highs.

Detected & updated continuously · Source: Nebula