Ethena may launch a new stablecoin product, USDtb, on December 16th
Stablecoin issuer Ethena has released a new video, showcasing the USDtb display page and mentioning "December 16, 2024", possibly implying that its stablecoin product USDtb will officially launch on December 16.
Previously in November, Ethena and Securitize were participating in Spark's $1 billion tokenization competition for the upcoming stablecoin USDtb. More than 90% of the initial reserves for USDtb will be provided by BlackRock's BUIDL fund, which is tokenized by Securitize.
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