Bybit, a renowned cryptocurrency exchange, has become the first platform to launch trading with USDtb, a blockchain-based stablecoin by Ethena Labs.
Bybit Platform Welcomes First USDtb Stablecoin
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced the inclusion of USDtb in its spot market. Created and managed by Ethena Labs, USDtb combines the liquidity of stablecoins with the security and transparency of U.S. Treasury-backed assets.
Features and Advantages of USDtb
USDtb is backed by BlackRock’s USD Institutional Digital Liquidity Fund Token, which holds assets entirely in cash and short-term U.S. government obligations. This backing makes USDtb an attractive option for investors, providing both stability and yield in the digital asset ecosystem.
Special Offers for Bybit Users
To celebrate the launch of USDtb, Bybit is offering a 5% APR on USDtb holdings for new and existing users. During the first month, users can enjoy this offer without lock-up requirements, benefiting from both principal protection and stable returns.
USDtb represents a major innovation in the world of stablecoins, offering unique advantages in terms of security and yield. Available exclusively on Bybit, it opens new opportunities for users in the cryptocurrency ecosystem.
