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Ethena Labs and BlackRock Launch New Stablecoin UStb

Ethena Labs and BlackRock Launch New Stablecoin UStb


coinpedia
2024-09-26 12:53:50

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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