USDe now backs two of Morpho's three largest markets

Ethena's USDe has become the collateral behind two of the three largest markets across Morpho, the suite of lending markets built on the Morpho protocol, per an Ethena post on X.

• Marks growing adoption of USDe as collateral in lending markets beyond Ethena's own Aave V4 ecosystem market.
• Points to deeper integration between Ethena's stablecoin and Morpho's lending infrastructure, home to some of the largest collateralized markets in DeFi.