**News Flash: Ethena Eyes Real-World Assets for Yield-Generating Strategy! 🚀**

Ethena, the protocol behind the $3.4 billion synthetic dollar token USDe, is shaking things up! They're planning to invest part of their $235 million USDT collateral and $45 million surplus reserve into tokenized real-world assets (RWAs).

- **BlackRock's BUIDL fund** is in the mix, pitching for a $34 million allocation.

- **Steakhouse Financial** is also applying with a lending vault on Morpho Blue.

- **Mountain Protocol** may join the fray soon with their USDM yield-bearing stablecoin.

This move highlights the growing trend of integrating RWAs into DeFi. What do you think about this strategy? Share your thoughts in the comments!