Ethena evaluates including AAA-rated CLOs in USDe reserve assets

Foresight News reports that Ethena has announced plans to include AAA-rated Collateralized Loan Obligations (CLOs) as USDe reserve assets. Risk committee member LlamaRisk has completed independent due diligence and approved the tokenized AAA CLO fund issued by Janus Henderson via Centrifuge as an eligible reserve asset, with a single position cap of approximately $310 million. The related deliberation results will become official after being published on the Ethena governance forum. Asset classes lacking sufficient liquidity or pricing transparency, such as private credit and long-duration fixed income, are explicitly excluded.