Today I also talked to my friends about $USDe and $ENA, before ENA's headquarters was in Singapore, although USDe is a stablecoin, but in the absence of full compliance, USDe payments are non-compliant, and USDe is not endorsed by US dollars or US bonds, how can it become compliant?
So I'm curious, the general operation should be that ENA's partner, Anchorage Digital, will work with ENA to prepare a large amount of US dollar cash or equivalent short-term US bonds to re-endorse USDtb, so as to make USDtb a compliant stablecoin.
Moreover, Anchorage Digital Bank is currently the only federally chartered crypto bank in the United States, so there should be no problem with funds, and the next step depends on the application process.
Ethena is set to become the first stablecoin developer whose product has a clear path to full compliance with the U.S. GENIUS Act
Through our partnership with @Anchorage, the only federally chartered crypto bank, USDtb will move onshore to become a U.S. federally regulated payment stablecoin
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