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coinpedia 2024-09-26 12:53:50

Ethena Labs and BlackRock Launch New Stablecoin UStb

The post Ethena Labs and BlackRock Launch New Stablecoin UStb appeared first on Coinpedia Fintech News Ethena Labs is teaming up with BlackRock to introduce a brand-new stablecoin, UStb (USTB). This exciting project will leverage BlackRock’s tokenized USD Institutional Digital Liquidity Fund (BUIDL), which maintains a stable value of $1 per token. UStb is set to stand alongside Ethena’s existing synthetic dollar stablecoin, USDe (USDE), offering a fresh and reliable option …

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