Impact on the markets: BlackRock launches a #Stablecoins

The rise in interest surrounding cryptocurrencies is evident as institutional giants undertake significant initiatives.

The ENA team has recently introduced its new stablecoin, which captures attention due to its partnership with BlackRock.

This collaboration employs tokenized bonds as reserve assets, fostering investor confidence and potentially catalyzing rapid growth of alternative cryptocurrencies and real-world asset (RWA) tokens.

A new stablecoin arrives: USDtb

Ethena Labs has unveiled the USDtb stablecoin, which is backed by the BUILD token in collaboration with Securitize, a leader in real-world asset tokenization.

This stablecoin maintains a 1:1 peg with the dollar, with 90% of its reserves anchored in BUILD, reflecting established stablecoins like $USDC and $USDT. Significant points to highlight from this development include: USDtb aims to provide an alternative collateral to USDe on various centralized exchanges.

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