🚀 Exciting news from the DeFi world! Ethena, a rapidly growing decentralized finance platform, has launched a new stablecoin, USDtb, designed to stabilize its flagship USDe token during bearish crypto markets.

- USDtb aims to maintain a steady $1 price, holding 90% of its reserves in a tokenized money market fund by BlackRock and Securitize.

- Ethena's USDe token, known for high yields in bull markets, can struggle when markets turn bearish. USDtb offers a different risk profile to mitigate these challenges.

- The protocol plans to use USDtb as collateral for margin trading on centralized exchanges.

What are your thoughts on Ethena's new stablecoin? Share in the comments!