Attention crypto enthusiasts! 🚀 Ethena Labs has announced its new stablecoin project, UStb (USTB), in collaboration with BlackRock and Securitize. This stablecoin will be backed by BlackRock's tokenized fund, BUIDL, guaranteeing a stable value of $1 per token.

- UStb will be a separate product from USDe (USDE), Ethena's synthetic stablecoin.

- UStb could improve USDe's stability in weak funding conditions.

What do you think about this partnership? Leave us your comment!