Ethena Labs (@ethena_labs): With the upcoming launch of USDtb next week, Ethena introduces a stablecoin product to the market that is initially backed ~90%+ by @BlackRock BUIDL
Estimated coin impact
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With the upcoming launch of USDtb next week, Ethena introduces a stablecoin product to the market that is initially backed ~90%+ by @BlackRock BUIDL This is the highest BUIDL allocation of any stablecoin issuer, with other issuers capped out at a lower maximum holding due to…