Ethena Labs Launches USDtb Stablecoin Backed by BlackRock’s BUIDL Fund
Ethena Labs has officially launched its new stablecoin, USDtb, with nearly 90% of its reserves backed by BlackRock’s BUIDL tokenized fund. This strategic move distinguishes USDtb from Ethena’s previous stablecoin, USDe, and strengthens its position in the market. A New Stablecoin Backed by BlackRock Ethena Labs introduced USDtb on December 16, marking a significant milestone …
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