Ethena Announces UStb Stablecoin Backed by Blackrock’s BUIDL

September 26, 2024 CoinDesk

Reserves for UStb will be invested in BUIDL, which in turn holds U.S. dollars, U.S. Treasury bills, and repurchase agreements.

Source: https://www.coindesk.com/markets/2024/09/26/ethena-announces-ustb-stablecoin-backed-by-blackrocks-buidl/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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