Ethena Labs has introduced USDtb, a new stablecoin backed by BlackRock’s BUIDL fund1. This innovative asset gained $65.4 million in Total Value Locked within 24 hours2. USDtb’s success highlights the growing institutional interest in cryptocurrency and decentralized finance. A BVI-based entity manages USDtb’s reserves, performing strict AML checks for whitelisted users1. This ensures the stablecoin’s […]
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