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Ethena officially launches USDtb, stablecoin backed by BlackRock

Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund.  USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at…

Dec 16, 2024 - 19:00
Ethena officially launches USDtb, stablecoin backed by BlackRock
Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund.  USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at…
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