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Breaking: Ethena Labs Launches UStb Stablecoin With BlackRock And Securitize

Breaking: Ethena Labs Launches UStb Stablecoin With BlackRock And Securitize


CoinGape
2024-09-26 11:30:32

Ethena Labs on Thursday said it will launch UStb stablecoin collateralized by BlackRock and Securitize, enabling a separate fiat stablecoin product alongside USDe. UStb will invest its reserves in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) tokenized by Securitize. Ethena Labs Announces UStb Stablecoin In an X post on September 26, Ethena Labs announced its The post Breaking: Ethena Labs Launches UStb Stablecoin With BlackRock And Securitize appeared first on CoinGape .


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