Company #Ethena announced a partnership with Usual.
Usual reported the transition of its stablecoin USD0 (with a total TVL of 850 million dollars) to USDtb, which will become the main collateral asset.
The main part of the collateral for USDtb is formed from assets from Blackrock's BUIDL.
As part of this partnership, Usual is launching the sUSDe vault for USD0++ holders, providing them with the opportunity to earn APY and rewards from Ethena, as well as additional bonuses in USUAL tokens.
In addition, low-cost exchange routes between #USDtb , #USD0 , and sUSDe will be implemented to increase liquidity.
