According to BlockBeats, on July 26, Ethena officially released its July asset custody proof report for supporting USDe. As of 10:00 UTC on July 24, 2024, the key information includes the following details:

The supply of USDe stands at 3.401 billion. The assets under custody with Copper amount to $1.819 billion, while Ceffu holds $1.554 billion in assets. Additionally, Cobo has $5.25 million in custody. The minted/redeemed assets total $30.02 million, and the reserve fund is reported to be $45.45 million. The total assets, including the reserve fund, represent 101.55% of the US dollar value. The overall support assets amount to $3.408 billion.

These figures highlight Ethena's commitment to transparency and the robust backing of its USDe supply. The detailed breakdown of assets under custody across different custodians and the reserve fund ensures that the total support assets exceed the USDe supply, providing confidence to stakeholders in the stability and security of the digital currency.