š Stay Ahead with AltcoinDaily.co! š A famous crypto expert known for his accurate bullish token predictions is driving an insane altcoin buying frenzy in the crypto community after revealing ETFSwap (ETFS), Layer (ZRO), Celestia (TIA), and Ethena Labs (ENA) as 100x altcoins that can flip $1,000 early investments of smart investors in September to…
š Stay Ahead with AltcoinDaily.co! š A famous crypto expert known for his accurate bullish token predictions is driving an insane altcoin buying frenzy in the crypto community after revealing ETFSwap (ETFS), Layer (ZRO), Celestia (TIA), and Ethena Labs (ENA) as 100x altcoins that can flip $1,000 early investments of smart investors in September to…
Ethena Labs, the developer of decentralized stablecoin protocols, has announced the launch of its new stablecoin. UStb (USTB) is fully backed by BlackRockās USD Institutional Digital Liquidity Fund (BUIDL). This latest offering is an extension of the partnership agreement between Ethena, BlackRock, and Securitize, a digital securities and real-world asset tokenization platform. Ethenaās current USDe…
September 27, 2024 at 04:28 PM GST updated: September 27, 2024 at 02:52 PM 2 mins read News Ethena Labs launches UStb, a stablecoin backed by BlackRockās tokenized U.S. Treasuries, enhancing stability in crypto finance. UStb operates alongside USDe, providing users with an alternative risk profile and addressing market volatility effectively. Ethenaās proactive governance enables…
Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrockās BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars, short-term Treasury bills, and repurchase agreements. Ethena Labs has partnered with Securitize to facilitate the launch, aiming to enhance…
Ethena Labs announced that is it working on the development of a new stablecoin backed by $9 trillion asset manager BlackRock. The Ethena stablecoin developers said Thursday that BlackRock has established a tokenized fund for the new UStb stablecoin. Digital securities platform Securitize is also a partner of the new project. The stablecoin will be…