Tag: Ethena Labs Stablecoin

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…