🚀 Ethena Labs and Securitize are teaming up for Spark’s $1B Tokenization Grand Prix! Their proposal? Feature Ethena’s USDtb stablecoin to bring real-world assets into DeFi.

- A swap facility between USDtb and USDe is in the works, letting the Sky ecosystem juggle stablecoins like a pro juggler at a circus. 🤹‍♂️

- Judged by Phoenix Labs and Steakhouse Financial, the competition is hotter than a jalapeño, with criteria like pricing and liquidity.

- Sky tokenholders will have the final say through a governance vote.

With USDtb launching next week, backed by BlackRock’s BUIDL, Ethena’s stablecoin game is strong. Share your thoughts below!