Ethena may launch new stablecoin product USDtb on December 16
stablecoin issuer Ethena has released a new video showcasing the USDtb display page and mentioning December 16, 2024, possibly indicating that its stablecoin product USDtb will be officially launched on that date. Earlier on November 29th, Ethena announced the upcoming release of USDtb, which is initially supported by over 90% of BUIDL from BlackRock, making it the highest BUIDL allocation among all stablecoin issuers. Due to structural design differences, the highest holding limit of other issuers is lower.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thailand proposes ban on Polymarket to combat online gambling
Bloomberg: Many crypto hedge funds achieved double-digit returns last year
Jamie Dimon Labels Bitcoin a Tool for Crime While JPMorgan Profits from Crypto
Bitcoin Stalls After Record Highs: Analysts Urge Calm Amid Market Pause