BlackRock Backs Ethena’s USDtb: $65M TVL Straight Out the Gate

Ethena’s new stablecoin just hit $65M TVL on Day 1.

It’s 90% backed by BlackRock’s USD Institutional Digital Liquidity Fund, with blockchain tokenization powered by Securitize.

Big TradFi names, fast DeFi traction - early momentum like this is hard to ignore.

Source: Cointelegraph$ENA