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Wintermute Unleashes Toxic Stability on Ethena’s Trading Floor – Your Entire Portfolio Will Thank (Or Curse) You for It

A chaotic trading floor scene with frantic traders in a sea of screens displaying price fluctuations, amidst scattered papers and broken calculators; Wintermute's logo is emblazoned on a giant screen at center stage.

Wintermute’s Latest Stablecoin Shill: Because Who Needs Actual Collateral When You Can Post Some Niche Crypto?.

Source: cointelegraph

Wintermute is accepting USDe, a cryptocurrency-backed stablecoin, as collateral for spot crypto and derivatives trades, the trading firm said on Oct. 25. Wintermute’s clients can now post “USDe as collateral for options, [credit default swaps], forward, and spot trading,” the company said in a post on the X platform. The stablecoin joins Wintermute’s existing roster of accepted crypto collateral, which includes Bitcoin (BTC), Ether (ETH), Solana (SOL) and US Dollar […]

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