Impact on the markets: BlackRock launches a stablecoin

The ENA team has recently introduced its new stablecoin, which draws attention due to its association with BlackRock.

A new stablecoin arrives: USDtb

Ethena Labs has revealed the stablecoin USDtb, which is backed by the BUILD token in collaboration with Securitize, a leader in the tokenization of real-world assets.

This stablecoin maintains a 1:1 peg with the dollar, with 90% of its reserves anchored in BUILD, reflecting established stablecoins like USDC and USDT. Significant points to highlight from this development include: USDtb aims to provide an alternative collateral to USDe across various centralized exchanges.