Ethena Labs launches new stablecoin USDtb! 🎉 Backed by BlackRock’s BUIDL fund, this coin operates similarly to fiat-backed stablecoins like USDC and USDT. With 90% BUIDL reserves, it holds the title of the highest BUIDL-backed stablecoin! 💪

USDtb provides an alternative to Ethena’s USDe, providing a different risk profile. It can also increase USDe’s resilience in adverse market conditions. Having successfully passed security tests, USDtb is awaiting inclusion in Spark’s $1 billion Tokenization Grand Prix.

What kind of impact do you think USDtb will have in the crypto world? Let’s meet in the comments! 💬