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.
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