⚡Ethena: Cornerstone of Blackrock⚡

🌐 Bloomberg reports that BlackRock has started talks with major#exchangesto integrate its #BUIDL token as collateral for futures contracts. The token is a new#stablecoindesigned to offer stability and security. Here are the arguments:

🔹Backed by the fund that includes US dollars, short-term Treasury bills and repurchase agreements, providing a solid and liquid foundation for the #stablecoin.

🔹They anchor their value in low-risk liquid assets to offer an alternative for investors.

🔹 Alternative to the#stablecoinof Ethena is a synthetic dollar. While USDe uses a mix of cryptocurrencies and derivative strategies to maintain its peg, UStb offers a more traditional structure.

🔹Ethena Labs has designed UStb to be able to reallocate assets in the event of adverse market conditions, such as negative funding rates, as an additional layer of security and flexibility.

🔹Following the announcement of the launch of the Ethena governance token, it experienced a significant increase in value, with a strong market reception.

✍🏻 In parallel, the fund #BUIDL officially known as BlackRock USD Institutional Digital Liquidity Fund, is a fund of tokenized assets on the Ethereum network:

🔸Backed by US Treasury bills, repurchase agreements and cash.

🔸Represented by the token #BUIDL on the #blockchain of Ethereum, with greater transparency and accessibility for investors.

🔸Providing institutional liquidity offers daily paid yield through #blockchain

🔸 Collaborations with Securitize for tokenization and BNY as custodian of the assets.

🔸This fund is part of its strategy to integrate digital assets and traditional finance, offering a cutting-edge and efficient solution for asset management.

While some put doors to the field, Blackrock is not satisfied with accumulating #Bitcoin.

#Mondaysarecool💎