BlackRock to support Ethena's USDe on its Aladdin platform

BlackRock plans to support Ethena's dollar-pegged stablecoin USDe on its Aladdin portfolio risk management platform, The Block reported. The move is expected to improve institutional clients' access to Ethena products and enhance the liquidity of BlackRock's tokenized fund, BUIDL. As part of the collaboration, Ethena will provide a $100 million liquidity support program through Securitize, BUIDL's tokenization platform.