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Ethena may launch a new stablecoin product USDtb on December 16

Stablecoin issuer Ethena has released a new video showing the USDtb showcase page and mentioning December 16, 2024, or meaning that its stablecoin product USDtb will be officially launched on December 16. Previously in a tweet on November 29, Ethena announced that the upcoming launch of USDtb, which is initially around 90% + powered by BlackRock BUIDL, will be the highest BUIDL allocation among all stablecoin issuers, with other issuers having lower maximum holding caps due to structural design differences.