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Ethena Labs launches stablecoin backed by BlackRock’s tokenized fund shares – TON BOT

Ethena Labs launches stablecoin backed by BlackRock’s tokenized fund shares

Ethena Labs launched the USDtb stablecoin backed by BlackRock’s tokenized fund. The partnership was facilitated by Securitize, providing a stablecoin with a differentiated risk profile. USDtb is multichain and supported by major market makers. Ethena’s success with its algorithmic stablecoin USDe has positioned them as a leader in the stablecoin market.


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