USDtb (Ethena BUIDL-backed Stablecoin) product
Overview
USDtb, a stablecoin pegged to the US dollar, is issued by Ethena and fully collateralized by BUIDL, BlackRock’s tokenized money market fund. Its main function is to act as a reserve asset inside Ethena’s synthetic dollar framework, helping to maintain the stability of USDe. The token offers a regulated, yield-bearing option in contrast to conventional stablecoins.
Within The Counterparty graph, USDtb (Ethena BUIDL-backed Stablecoin) connects to 2 tracked entities, most strongly to Ethena Labs, BlackRock BUIDL Fund.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued | Ethena Labs | 90% |
backed_by | BlackRock BUIDL Fund | 90% |
Frequently asked questions
What is USDtb (Ethena BUIDL-backed Stablecoin)?
USDtb (Ethena BUIDL-backed Stablecoin) is a product tracked in The Counterparty knowledge graph. It is connected to 2 other tracked entities, most strongly to Ethena Labs, BlackRock BUIDL Fund.
What type of entity is USDtb (Ethena BUIDL-backed Stablecoin)?
USDtb (Ethena BUIDL-backed Stablecoin) is classified as a product (product) in The Counterparty knowledge graph.
What is USDtb (Ethena BUIDL-backed Stablecoin) connected to?
In The Counterparty knowledge graph, USDtb (Ethena BUIDL-backed Stablecoin) is linked to 2 other tracked entities, most strongly to Ethena Labs, BlackRock BUIDL Fund.