26 Sep 202417:16
Project update
Ethena to launch new stablecoin backed by BlackRock's tokenized BUIDL fund

Ethena to launch new stablecoin backed by BlackRock's tokenized BUIDL fund

Ethena is set to launch a new stablecoin, UStb, in collaboration with the real-world asset tokenization platform Securitize. UStb will be an independent product, offering an alternative and different risk profile compared to Ethena’s existing USDe stablecoin.



👉 theblock.co/post/318297/ethena-ustb-stablecoin-blackrock-buidl-securitize