Ethena Labs Launches UStb Stablecoin in Partnership with Financial Giants....
Ethena Labs has recently announced the launch of the UStb stablecoin, setting a new benchmark in the stablecoin market. This innovative stablecoin is fully collateralized by BlackRock BUIDL through a strategic partnership with Securitize. The new product offers a distinct solution within the fiat-backed stablecoin ecosystem, separate from Ethena’s existing USDe, aiming to provide a differentiated risk profile to its users and exchange partners.