ChainCatcher message, Ethena Labs launched a new stablecoin USDtb which achieved a first-day TVL of 65.4 million USD, showing impressive performance! This stablecoin aims to reduce risk by reallocating supported assets, showcasing its innovative side. 💡

José Maria Macedo, one of the founders of Delphi Labs, predicts that USDtb will become the largest tokenized treasury product within a month of its launch, a prediction that has sparked widespread attention in the market. 📈

Ethena's growth director Seraphim Czecker is even more optimistic, stating that the scale of USDtb could expand to 100 billion USD. It seems that the future development of USDtb is worth looking forward to. 🚀

USDtb is supported by BlackRock BUIDL and is similar to stablecoins like USDC and USDT, using a 1:1 cash or cash-equivalent reserve. 🔍