Ethena announces a partnership with BlackRock and Securitize
#Ethena partners with #BlackRock and #Securitize to launch the new stablecoin UStb. This stablecoin will be backed by BlackRock tokenized U.S. Treasury fund, BUIDL. The new stablecoin will function as an isolated product distinct from USDe, offering users and exchange partners a new option with a different risk profile compared to USDe.
Ethena is a synthetic dollar protocol on #Ethereum that enables a stable, scalable, crypto-native currency, $USDe, free from traditional banking dependencies.
đ x.com/ethena_labs/status/1839258972299427912
