Ethena’s BlackRock-Backed UStb Stablecoin Launch: Details
Ethena Labs, the developer of decentralized stablecoin protocols, has announced the launch of its new stablecoin. UStb (USTB) is fully backed by BlackRock’s 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. Ethena’s current USDe…
