USDtb Launch: Ethena Labs’ New Stablecoin Backed by 90% BlackRock Reserves

Ethena Labs has introduced its new stablecoin, USDtb, offering a scalable and secure solution in the decentralized finance market. Backed predominantly by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), USDtb ensures enhanced user stability and efficiency. The innovative stablecoin aims to address traditional stablecoins’ common limitations while supporting Ethena’s broader DeFi... source: https://www.thecoinrepublic.com/2024/12/17/usdtb-launch-ethena-labs-new-stablecoin-backed-by-90-blackrock-reserves/