Source: Coindesk.com
Ethena has announced a new stablecoin that invests its reserves in Blackrock's real-world asset fund called BUIDL. The team said UStb can support its synthetic stablecoin USDe during tough market conditions by allowing Ethena’s governance to close USDe hedging positions and reallocate assets to UStb.
Ethena announced today that it's developing
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The post "Ethena Announces UStb Stablecoin Backed by Blackrock's BUIDL" appeared first here Coindesk.com.
Source: Coindesk.com
