Bullish or bearish for Ethena’s ENA?
Tether is launching a new “GENIUS Act–compliant” stablecoin for the U.S. market.
It’s a major move and one that brings Tether a step closer to regulatory alignment under the new law.
But here’s what’s interesting: instead of tweaking the existing USDT, they’re rolling out a separate token entirely.
Why the split?
Some think it’s about reserve transparency and audit structures. These requirements are already baked into Ethena’s USDtb, which didn’t need to change a thing.
Ethena’s model is already built for compliance: on-chain reserves, delta-neutral mechanics, and regular attestations.
Tether’s GENIUS version will emphasise regulatory adherence, customer protection, and market stability.
Could this level the playing field, or change it completely?
Curious to hear your take.👇
Phyrex
Today I also talked to my friends about $USDe and $ENA, before ENA's headquarters was in Singapore, although USDe is a stablecoin, but in the absence of full compliance, USDe payments are non-compliant, and USDe is not endorsed by US dollars or US bonds, how can it become compliant?
So I'm curious, the general operation should be that ENA's partner, Anchorage Digital, will work with ENA to prepare a large amount of US dollar cash or equivalent short-term US bonds to re-endorse USDtb, so as to make USDtb a compliant stablecoin.
Moreover, Anchorage Digital Bank is currently the only federally chartered crypto bank in the United States, so there should be no problem with funds, and the next step depends on the application process.
Ethena Labs
Ethena is set to become the first stablecoin developer whose product has a clear path to full compliance with the U.S. GENIUS Act
Through our partnership with @Anchorage, the only federally chartered crypto bank, USDtb will move onshore to become a U.S. federally regulated payment stablecoin
Jonaso
How can I miss Fluid → Dominating USDe & sUSDe Markets on DEXs
@0xfluid is emerging as the undisputed leader in $USDe and $sUSDe related trading on Ethereum, commanding both volume and deepest liquidity
• USDe Usage in Fluid is $118M
• sUSDe Usage in Fluid is $106M
$63.7M volume in the main USDe-USDT pool → capturing over 94% of the day’s volume
In the sUSDe-USDT pool, Fluid also led with $13.5M, accounting for more than 54% of daily trading.
→ Besides, @Infinit_Labs also recommended to me that $USDtb, another stablecoin from Ethena, offers the highest yield in Fluid with 8.72% APR
Across both the standard USDe and sUSDe pools → Fluid is the clear leader
The trend shows strong user adoption and trust in Fluid as the go-to platform for USDe liquidity
The Daily Hodl
Arthur Hayes-Backed Altcoin Outpaces Crypto Market Amid Launch of New Partnership With Anchorage Digital
The native asset of the stablecoin-focused crypto project Ethena (ENA) skyrocketed by more than 28% on Friday, ignoring a wider crypto market pullback.
The price surge materialized after the Arthur Hayes-backed decentralized finance (DeFi) project announced a new strategic partnership with Anchorage Digital, a federally chartered crypto bank.
The partnership aims to bring Ethena’s second stablecoin offering, USDtb, to the US under the regulatory umbrella of the recently enacted GENIUS Act, with Anchorage Digital issuing the asset domestically.
The new law, signed by US President Donald Trump last week, establishes a regulatory framework for stablecoins, cryptocurrencies pegged to the US dollar. The legislation requires each token to be fully backed by liquid assets such as cash or short-term US Treasuries.
USDtb is backed by institutional-grade tokenized treasury funds, including BlackRock’s BUIDL, a tokenized money-market fund designed to offer a stable value of $1 per token. BlackRock’s fund is built on the Ethereum (ETH) blockchain.
Says Guy Young, CEO of Ethena Labs,
“While we’ve already seen strong demand for USDtb, we expect GENIUS compliance to empower our partners and holders to confidently and significantly expand its use across new products and platforms. By partnering with Anchorage Digital – the only federally regulated crypto bank in the United States – we reinforce the foundation needed to continue scaling the product without compromising on speed, flexibility, or trust.”
Ethena’s native asset, ENA, is trading at $0.607 at time of writing and is up more than 56% in the past seven days.
By comparison, the overall crypto market cap is down more than 4% in the past 24 hours.
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The post Arthur Hayes-Backed Altcoin Outpaces Crypto Market Amid Launch of New Partnership With Anchorage Digital appeared first on The Daily Hodl.
Tindorr 🌯
I'm stacking $ENA on every dip.
@ethena_labs is hitting every catalyst: stablecoin, yield, ecosystem growth, StablecoinX.
USDe supply & APY rising. No brakes in sight.
This will be my trade of this cycle.
If I die, I die.
USDtb price performance in USD
The current price of usdtb is $0.99955. Over the last 24 hours, usdtb has decreased by -0.02%. It currently has a circulating supply of 1,445,555,969 USDtb and a maximum supply of 1,445,555,969 USDtb, giving it a fully diluted market cap of $1.44B. The usdtb/USD price is updated in real-time.
5m
-0.01%
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-0.02%
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About USDtb (USDtb)
USDtb (USDtb) is a decentralized digital currency leveraging blockchain technology for secure transactions.
Why invest in USDtb (USDtb)?
As a decentralized currency, free from government or financial institution control, USDtb is definitely an alternative to traditional fiat currencies. However, investing, trading or buying USDtb involves complexity and volatility. Thorough research and risk awareness are essential before investing.
Find out more about USDtb (USDtb) prices and information here on OKX today.
How to buy and store USDtb?
To buy and store USDtb, you can purchase it on a cryptocurrency exchange or through a peer-to-peer marketplace. After buying USDtb, it’s important to securely store it in a crypto wallet, which comes in two forms: hot wallets (software-based, stored on your physical devices) and cold wallets (hardware-based, stored offline).
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 103 new posts about USDtb, driven by 72 contributors, and total online engagement reached 11K social interactions. The sentiment score for USDtb currently stands at 93%. Compared to all cryptocurrencies, post volume for USDtb currently ranks at 8839. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of USDtb.
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Posts
103
Contributors
72
Interactions
11,283
Sentiment
93%
Volume rank
#8839
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Posts
103
Interactions
11,283
Sentiment
93%
USDtb FAQ
What’s the current price of USDtb?
The current price of 1 USDtb is $0.99955, experiencing a -0.02% change in the past 24 hours.
Can I buy USDtb on OKX?
No, currently USDtb is unavailable on OKX. To stay updated on when USDtb becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of USDtb fluctuate?
The price of USDtb fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
How much is 1 USDtb worth today?
Currently, one USDtb is worth $0.99955. For answers and insight into USDtb's price action, you're in the right place. Explore the latest USDtb charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as USDtb, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as USDtb have been created as well.
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