Ethena Labs debuts USDtb backed by BlackRock’s BUIDL
Key Takeaways
- Ethena Labs launches USDtb, a stablecoin backed by BlackRock’s BUIDL, maintaining 90% reserves in BUIDL.
- USDtb operates independently from USDe and is available on Ethereum mainnet, Base, Solana, and Arbitrum through LayerZero integration.