Deep Tide TechFlow News, December 16, according to official news, Ethena Labs announced the launch of a new stablecoin product USDtb, supported by BlackRock's USD Institutional Digital Liquidity Fund (BUIDL).

USDtb shares the same characteristics as existing fiat-backed stablecoins (such as USDC or USDT), utilizing cash or cash-equivalent reserves to support each token on a 1:1 basis. Users can freely and unlimitedly transfer USDtb. With BlackRock's BUIDL as the primary reserve asset, USDtb is able to scale without actual limitations, accounting for the vast majority (90%) of total reserves.