đ Exciting news in the crypto world! Ethena Labs has unveiled USDtb, a new stablecoin backed by BlackRock's USD Institutional Digital Liquidity Fund. Here's what you need to know:
- USDtb stands out by allocating 90% of its reserves to BlackRock's BUIDL fund, investing in short-term U.S. Treasury bills.
- Launched with Securitize, USDtb offers a stable, traditional option with a unique risk profile.
- Ethena aims to enhance its ecosystem's resilience, using USDtb as a backup for its flagship USDe token.
đŹ What are your thoughts on USDtb's potential? Share below!