Ethena Launches Stablecoin Backed by BUIDL Token

This stablecoin is backed by BlackRock’s BUIDL token, a money market fund tokenized with the help of Securitize. The big idea? To help Ethena stay steady when crypto markets get shaky. Keeping Things Stable The new USDtb token aims to keep its price pegged at $1, no matter what happens in the crypto market. How? By […] The post Ethena Launches Stablecoin Backed by BUIDL Token appeared first on... source: https://www.altcoinbuzz.io/cryptocurrency-news/ethena-launches-stablecoin-backed-by-buidl-token/