According to Odaily, Ethena founder Guy Young announced on X that USDe successfully processed over $50 million in redemptions overnight, marking the largest redemption to date without any issues. The collateral assets and reserves of USDe have consistently maintained a ratio of over 101% relative to the USDe supply. Originally, the next monthly proof of custody was scheduled for release at the end of the month, but to provide greater transparency to the community, it will be released this week.