usdtb

Ethena Labs announced a partnership with Anchorage Digital, the only federally chartered cryptocurrency bank in the United States, which provides compliant infrastructure for institutions and will bring in-platform rewards to USDtb and USDe holders.

ChainCatcher news, according to Ethena Labs, the USDtb smart contract has been transferred to Anchorage Digital. This milestone localization initiative makes USDtb the first federally regulated stablecoin issued in compliance with the GENIUS Act framework.

ChainCatcher message: By holding USDtb on the Bybit platform, you can enjoy an annualized daily yield airdrop of 4.10% from U.S. Treasury bonds, easily enhancing passive income and injecting institutional-level stability into your investment portfolio.USDtb is an innovative dollar stablecoin launched and managed by Ethena Labs. USDtb combines the high liquidity of stablecoins with the safety and transparency of U.S. Treasury assets, marking a significant breakthrough in digital dollar assets. USDtb can be used not only for trading and collateralized lending but also widely applied in the DeFi ecosystem, enhancing the flexibility of asset allocation.Bybit users can conveniently mint USDtb using various stablecoins, including USDe, through the exclusive "On-chain Earning" feature without the need for a whitelist. Once minted, the assets will be credited to the funding account within 30 minutes, and the entire process is smooth and seamless.

ChainCatcher news, according to market news, the total locked value (TVL) of its stablecoin products Ethena USDe and USDtb continues to grow, now surpassing 16 billion USD, setting a new historical high.Previously, Binance launched the USDe reward program, with an annualized yield of up to 12%.

ChainCatcher news, Ethena's official data shows that the total issuance of the two stablecoins under the protocol, USDe and USDtb, has exceeded 15 billion, with USDe's issuance at 13.2 billion and USDtb's issuance at 1.81 billion.

ChainCatcher message, Anchorage Digital associated address (0x8ab...03780) has transferred a total of 5 million ENA to Binance in the past 17 hours, worth approximately 3.37 million USD. The address currently holds 13.31 million ENA, valued at around 8.71 million USD. Previously, Anchorage collaborated with Ethena to introduce the stablecoin USDtb, compliant with the "GENIUS Act," to the U.S. market.

ChainCatcher news, according to Token Terminal data, approximately 90% of the assets of the stablecoin USDtb issued by Ethena Labs are supported by its LP shares in the BlackRock BUIDL fund, indirectly making it the largest liquidity provider of the fund, with a position size of 1.3 billion dollars.

ChainCatcher message, Ethena Labs tweeted that the supply of USDtb exceeds 1 billion USD, accounting for over 70% of BlackRock BUIDL's share.

ChainCatcher news, according to official sources, Usual has reached a partnership with Ethena Labs, and Ethena Labs' newly launched stablecoin USDtb will become the main collateral asset for Usual's stablecoin USD0.As part of this collaboration, Usual will also launch the sUSDe treasury for USD0++ holders, allowing Usual users to earn sUSDe APY, Ethena rewards, and additional USUAL rewards.

ChainCatcher news, according to data from the DeFilama platform, as of December 17, Ethena's TVL has surpassed 6 billion USD, setting a new historical high. Among them, the supply of USDe reached 5.933 billion tokens, and the supply of USDtb reached 70.42 million tokens.

ChainCatcher news, the new stablecoin USDtb launched by the stablecoin protocol Ethena Labs achieved a TVL of 65.4 million USD on its first day. Ethena Labs stated in an announcement on December 16: "Ethena is able to close the hedging positions of USDe and reallocate its supporting assets to USDtb to further reduce associated risks."José Maria Macedo, one of the founders of blockchain development company Delphi Labs, predicts that USDtb will become the largest tokenized treasury product within a month of its launch. Ethena's growth director Seraphim Czecker mentioned that the scale of USDtb could potentially expand to 100 billion USD.Previous news, according to official news, Ethena Labs announced the launch of the new stablecoin product USDtb supported by BlackRock BUIDL. USDtb has the same characteristics as existing fiat-backed stablecoins like USDC or USDT, utilizing cash or cash-equivalent reserves to support a 1:1 ratio.

ChainCatcher news, LayerZero announced on platform X that USDtb has been launched on Ethereum, Arbitrum, Solana, and Base, supported by LayerZero.ChainCatcher previously reported that according to official news, Ethena Labs announced the launch of a new stablecoin product USDtb supported by BlackRock BUIDL.

ChainCatcher message, according to official news, Ethena Labs announced the launch of a new stablecoin product USDtb supported by BlackRock BUIDL.

ChainCatcher news, Ethena officially released a video teaser on social media showcasing content related to USDtb with the caption "December 16, 2024," possibly launching its new stablecoin product USDtb on December 16.

ChainCatcher news, stablecoin issuer Ethena and tokenization platform Securitize are set to launch the stablecoin USDtb to participate in Spark's $1 billion tokenization competition.The Spark competition (referred to as the "Tokenization Grand Prix") will distribute up to $1 billion in liquidity to selected partners. Spark is a lending platform within the Sky ecosystem, renamed from MakerDAO. The results will be confirmed by governance votes from Sky token holders.The reserves of the USDtb stablecoin will be invested in BlackRock's U.S. institutional digital liquidity fund (BUIDL), which is tokenized by Securitize. BUIDL will account for over 90% of its initial backing. Ethena claims that this ratio is higher than that of other stablecoin issuers.