Ethena said updated attestations from independent third parties found USDe remained overcollateralized, with more than $60 million of overcollateralization and a collateralization ratio above 101%.
Reserve statement
Ethena said none of USDe’s supporting funds are held directly on Binance or another centralized exchange. These figures and custody statements are attributed to Ethena’s updated proof-of-reserves communication.
Source: BlockBeats report, published October 30, 2026 (China time).