BlackRock and Securitize back Ethena’s new stablecoin
Ethena Labs is launching a new stablecoin project fully backed by BlackRock’s Ethereum-based tokenized fund and Securitize. Synthetic dollar issuer Ethena (ENA) unveiled its UStb fiat stablecoin product, which is supported by the BlackRock USD Institutional Digital Liquidity Fund, known…
![BlackRock and Securitize back Ethena’s new stablecoin](https://crypto.news/app/uploads/2024/09/crypto-news-Stablecoins-option03.webp?#)
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