Ethena Labs: Multiple independent third-party institutions have confirmed that USDe still has approximately $66 million in excess collateral.

Foresight News reported that Ethena Labs stated, "USDe proof of reserves is typically provided weekly by independent third-party verification institutions, including companies such as Chaos Labs, Chainlink, Llama Risk, and Harris & Trotter. In response to community requests, we have provided an off-cycle proof of reserves based on market events in the past 24 hours, which is linked below this announcement. All of these independent third parties have confirmed that USDe remains overcollateralized by approximately $66 million."