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news-imageDecember 17, 2024

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

Ethena Labs announced the launch of its USDtb stablecoin, which will leverage BlackRock's tokenized fund, USD Institutional Digital Liquidity Fund (BUIDL), for 90% of its backing. According to the Dec. 16 announcement, the partnership was facilitated by Securitize.
Publisher: CryptoSlate
Sentiment: Positive
ENA

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cover-imageThe Currency Analytics
December 19, 2024

$5.92M Whale Move Could Propel Ethena (ENA) to 40% Surge

Ethena (ENA) has been gaining significant attention in the cryptocurrency space, especially after a notable whale move that could signal further price appreciation. A newly created wallet recently acquired a massive 5.29 million ENA tokens, valued at $5.92 million.

Positive
cover-imageBenzinga
December 19, 2024

Trump-Backed World Liberty Financial Forges Partnership With Ethena Labs — ENA Token Gains Amid Broader Slump

World Liberty Financial, a cryptocurrency project backed by President-elect Donald Trump, announced a strategic partnership with decentralized finance protocol Ethena Labs (CRYPTO: ENA) on Wednesday What happened: Ethena Labs stated on X that a proposal has been submitted to explore Ethena Staked USDe (CRYPTO: sUSDe), a reward-bearing stablecoin, as a collateral asset on the upcoming protocol. Ethena has entered into a strategic partnership with @worldlibertyfi A governance proposal has been submitted to add sUSDe to WLFI's upcoming Aave instance as a core collateral asset pic.twitter.

Positive
cover-imageCryptonews
December 16, 2024

Ethena Labs Launches USDtb Stablecoin Backed by BlackRock Liquidity Fund

Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock's USD Institutional Digital Liquidity Fund, offering a 1:1 reserve ratio and designed for seamless transfers across multiple networks, enhancing stability and liquidity. The post Ethena Labs Launches USDtb Stablecoin Backed by BlackRock Liquidity Fund appeared first on Cryptonews.

Positive
cover-imageThe Daily Hodl
December 16, 2024

Arthur Hayes-Backed Ethena Labs Launches New Stablecoin Backed by BlackRock's BUIDL

Ethena Labs is announcing the launch of a new US dollar-pegged stablecoin that will be backed by BlackRock's USD Institutional Digital Liquidity Fund (BUIDL). According to a new announcement from the Arthur Hayes-backed crypto protocol, the new stablecoin, USDtb, will be Ethena's second stablecoin offering, following the project's flagship stablecoin USDe.

Positive
cover-imageBitcoin
December 16, 2024

Ethena Labs Launches Stablecoin Backed by Blackrock's BUIDL Fund

Ethena Labs has introduced USDtb, a stablecoin that's got the backing of Blackrock's USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin With Blackrock Support Crafted in collaboration with Securitize, a top dog in real-world asset (RWA) tokenization, USDtb brings cash-backed steadiness and the magic of cross-chain operations to the table.

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