Ethena launches “Eligible Asset Framework”, BNB has been approved as the first new collateral asset for USDe

On August 22nd, Ethena Labs announced the launch of the ‘Qualified Asset Framework’ aimed at establishing criteria for collateral in USDe perpetual contracts. The first asset approved under this framework is BNB, demonstrating its critical role in supporting USDe.

The framework includes stringent criteria such as an average open interest exceeding 1 billion USD and high trading volumes to ensure liquidity. Assets meeting these standards, like XRP and HYPE, could be added in future evaluations.