MakerDAO plans to allocate 600 million DAI to USDe and sUSDe, which is currently in the proposal stage

According to BlockBeats news, on April 2, The Block reported that MakerDAO is considering allocating 600 million DAI to USDe and staking USDe (sUSDe) through the DeFi lending agreement Morpho Labs. USDe and sUSDe are both issued by stablecoin developer Ethena Labs. Seraphim Czecker, head of growth at Ethena, said that although it is currently in proposal status, if the MakerDAO community confirms the move, it will allow Ethena TVL to grow in line with internal expectations. The proposal states: “Using the minimum thresholds above, the recommended maximum USDe exposure is 600 million USDe. This will gradually expand as Ethena develops, but at this time MakerDAO believes it is prudent to limit the total allocation to this level.”