Deribit, a popular cryptocurrency exchange, will introduce the USDe in its cross-collateral pool starting early January 2025. This move is subject to regulatory approval, meaning the exchange needs permission from the governing authorities before proceeding with this plan. In simple terms, the exchange aims to offer USDe as a collateral option for its users.
This digital currency will help provide more flexibility and better trading opportunities for users on the platform. However, this decision is not final yet, as the exchange must receive the necessary approvals to make it a reality.