Backed by institutional grade tokenized treasury funds and powered by Ethena Labs
Funds Managed by BlackRock BUIDL
USDtb is backed by high quality short duration treasury assets including BlackRock's BUIDL, leveraging the world's largest asset manager for unmatched security and trust
Fully accessible and composable across DeFi, integrated as collateral into centralized exchange and prime broking venues, and direct access for TradFi institutions
Created and managed by the Ethena Labs team, responsible for the largest & fastest growing synthetic dollar in crypto history
Unique direct mint and redeem mechanism that exists onchain & available on-demand for mint and redeem access 24/7
Our top-tier partnerships with leading exchanges, custodians, and market makers provide unparalleled transparency and liquidity.
BlackRock's USD Institutional Digital Liquidity Ltd, BUIDL, is a tokenized fund that invests in cash, U.S. Treasury Bills and Notes
BUIDL aims to have a stable & consistent asset value with strong liquidity
BlackRock is the Fund Manager & Sponsor, Securitize is the Fund Transfer Agent, and BNY Mellon is the Fund Admin & Custodian
BUIDL adheres to high KYC/AML standards and only permits token transfers to whitelisted investors
Our team has deep experience in both the traditional finance and digital asset spaces, facillitating billions of dollars in transactions, building robust technical infrastructure, and providing premier client service.
Partnership
We are excited to announce the planned launch of a new stablecoin, USDtb, which intends to invest its reserves in BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize, the leader in the tokenization of real-world assets.
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Partnership
Ethena Labs is excited to announce the public launch of a new stablecoin product, USDtb, which has its reserves invested in BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) - in partnership with Securitize, the leader in the tokenization of real-world assets.
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Security is our foremost priority. Our smart contracts have undergone numerous rigorous audits by top firms and we provide monthly attestations and live dashboards of reserves.
