Ethena Labs has launched a new stablecoin USDtb, backed by BlackRock's BUIDL fund! 🚀 Developed in collaboration with Securitize, USDtb operates like USDC and USDT, maintaining a 1:1 ratio through cash or equivalents reserves.

USDtb strengthens Ethena's resilience by offering an alternative with a unique risk profile. The product has undergone an audit and may enter Spark’s Tokenization Grand Prix. 💼

USDtb promises to become the largest tokenized treasury product, reinforcing Ethena's position in the market.