Ethena announced full-scale currency economic reforms, locking in holdings

The Ethena (ENA-USDT) Foundation announced a full-scale token economic reform, which resulted in the acquisition of targeted ENA holdings from major early investors who had sold tokens since the end of 2025, and removed the monthly pressure on risk investments to unlock. In addition, Ethena proposed that 95 per cent of the net agreed income be used for automatic buy-backs after USDE supplies more than $7.5 billion, and that the scheme already receive almost unanimous community support for ongoing voting. At the same time, Ethena received $1 billion in warehouse financing to diversify USD support into institutional credit and to include ENA in its benchmarks。