According to Ethena’s announcement on X, USDe will be integrated into BlackRock’s Aladdin platform, with BlackRock’s BUIDL fund set as the primary asset for Ethena’s whitelabel product and a new liquidity facility launched on BlackRock’s tokenized funds. Mechanically, this plugs Ethena’s synthetic dollar ecosystem into institutional portfolio infrastructure, enabling Aladdin clients to access USDe-related strategies and on-chain liquidity more easily. For SUSDE and related assets, this can drive sustained demand, deeper liquidity, and higher TVL, while the association with a major asset manager may compress perceived risk premia and support valuations.

Excited to announce our collaboration with .

→Integration of USDe into BlackRock's Aladdin platform

→BUIDL as the primary asset for our whitelabel product

→Liquidity facility on BlackRock tokenized products

The integration of USDe on Aladdin provides unique…