Reports highlighted that USDtb's backing by BlackRock's BUIDL fund could attract substantial traditional finance capital into the crypto space, potentially expanding its market capitalization significantly.
Dec 15,2024
USDtb was officially launched by Ethena Labs, providing a conservative alternative within the crypto market to offer stability during bearish conditions.
Reports highlighted that USDtb's backing by BlackRock's BUIDL fund could attract substantial traditional finance capital into the crypto space, potentially expanding its market capitalization significantly.
Dec 15,2024
USDtb was officially launched by Ethena Labs, providing a conservative alternative within the crypto market to offer stability during bearish conditions.
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USDtb Intro
USDtb shares characteristics with existing fiat stablecoins such as USDC or USDT, seeking to maintain a stable value pegged to the US dollar by utilizing cash or cash-equivalent reserves. Users are able to transfer USDtb freely and without restriction. USDtb is able to scale without practical constraints given the use of Blackrock’s BUIDL as the primary reserve asset, representing the vast majority (90%) of the overall reserves - the highest BUIDL allocation of any stablecoin.
The live USDtb price today is $0.9993 USD with a 24-hour trading volume of 11,037,400 USD. We update our USDtb to USD price in real-time. USDtb is -0.06% in the last 24 hours. The current SoSoValue marketcap ranking is # 77, with a live market cap of $ 1,462,456,750 USD. It has a circulating supply of 1,463,481,187 USDTB coins and a max supply of ∞ USDTB coins.
USDtb shares characteristics with existing fiat stablecoins such as USDC or USDT, seeking to maintain a stable value pegged to the US dollar by utilizing cash or cash-equivalent reserves. Users are able to transfer USDtb freely and without restriction. USDtb is able to scale without practical constraints given the use of Blackrock’s BUIDL as the primary reserve asset, representing the vast majority (90%) of the overall reserves - the highest BUIDL allocation of any stablecoin.