🚀 Hot crypto news: Ethena Labs and Securitize propose to bring stablecoin USDtb into the $1 billion Tokenization Grand Prix competition of Spark! 🎉
- Ethena introduces a swap feature between USDtb and USDe for flexible interest rate management.
- The proposal will be evaluated by Phoenix Labs and Steakhouse Financial, with the final decision based on the votes of Sky tokenholders.
- USDtb, launching next week, is backed by BlackRock's BUIDL fund, which currently holds over $533 million in tokenized assets.
- Ethena expects USDtb to improve performance in weak funding conditions.
🌟 What do you think about the potential of USDtb? Share your thoughts! 👇