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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 Ethena Labs (USDTb) price today is $1.00 USD with a 24-hour trading volume of $51,209.90 USD. We update our USDTb to USD price in real-time. Ethena Labs (USDTb) is down 0.02% in the last 24 hours. The current CoinMarketCap ranking is #544, with a live market cap of $70,459,983 USD. It has a circulating supply of 70,433,629 USDTB coins and a max. supply of 70,433,629 USDTB coins.