According to CoinMeta, Ethena announced a partnership with digital asset principal broker FalconX to add an over-collateralized stablecoin lending facility to support its US dollar-denominated business. As per the announcement on August 14th, this agreement will place the stablecoin within an over-collateralized lending arrangement managed by FalconX. This collaboration will enable FalconX to leverage Ethena's capital to expand its lending activities, and Ethena is expected to receive more attractive loan terms as a result.