News with the tag "USDtb"

On March 17, 2025, Ethena Labs published a report on Mirror detailing the information about the launch of its new upcoming blockchain, Converge. In the post, Converge is described as a purpose-built EVM (Ethereum Virtual Machine) blockchain optimized for both retail and institutional decentralized f...

Securitize is brokering a deal for BlackRock’s BUIDL token to be integrated as collateral for the soon-to-be-released Frax USD stablecoin. The Frax improvement proposal is undergoing a governance process; should it pass, BUIDL will be part of Frax. Securitize is the brokerage firm for the BlackRock ...

Ethena’s USDtb has already amassed more than $65 million in total value locked on the opening day.

Ethena has officially launched its new USDtb stablecoin in partnership with real-world asset tokenization company Securitize. Read original article on coincu.com

The Ethena stablecoin USDtb will be over 90% backed by BlackRock’s BUIDL, surpassing reserve allocations of most stablecoins. Read original article on coincu.com