
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. Share this article Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL)….