[Ethena: USDe Overcollateralized by Over $60 Million, Reserves Not Directly Stored on Centralized Exchanges Like Binance] Odaily Planet Daily reports that Ethena announced on social media that, in light of recent market security incidents, the project has released updated USDe reserve certificates. Independent third-party institutions such as Chainlink and Llama Risk have confirmed that USDe remains overcollateralized, with overcollateralized funds exceeding $60 million and a collateralization ratio higher than 101%. Ethena emphasized that none of the reserve funds supporting USDe are directly stored on Binance or other centralized exchanges. USDe reserve certificates are typically provided weekly by independent third-party institutions.