ETHENA TO LAUNCH NEW STABLECOIN BACKED BY BLACKROCK: A GAME CHANGER?
đ Big news! Ethena Labs is launching UStb, a new stablecoin backed by BlackRockâs BUIDL, offering $1 per token stability and a new risk profile.
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USTB: THE NEW STABLECOIN
- Backed by BlackRockâs USD Institutional Digital Liquidity Fund (BUIDL).
- A separate product from USDe, giving users more stable investment options. đ
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ETHENAâS GROWTH AND EXPANSION
- Ethena avoided negative funding with USDe even in bearish markets.
- UStb helps navigate weak funding conditions and expands collateral options on more exchanges.
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ETHENAâS RISE
With USDeâs market cap at $2.6 billion, UStb could push Ethena even higher.
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STAY TUNED
More updates on UStb and exchange integrations coming soon! đ
