Kabu Accepts Ethena’s ENA as Collateral for USDC Borrowing
Photo: Coinfomania
Ethena news: ENA now accepted as collateral on Kabu for USDC borrowing. This expands use cases for ENA holders—here's why it matters. Kabu has announced that Ethena’s ENA token is now accepted as collateral for USDC borrowing. This development enhances the utility of ENA for holders, allowing them to leverage their assets effectively. According to a tweet from @Api3DAO, this move could stimulate increased whale activity and interest in ENA. For more details, see the original tweet here . The broader crypto market is currently showing mixed signals, with various assets experiencing fluctuations.
Source: Coinfomania
