USDtb usdtb
What is USDtb?
USDtb is Ethena Labs' digital-dollar stablecoin, designed to track the U.S. dollar at 1:1. It is backed by institutional-grade tokenized U.S. Treasury fund products plus a stablecoin reserve.
What problem does USDtb solve?
Traditional dollars move through slow banking rails. USDtb provides a transferable blockchain token backed by tokenized Treasury exposure for continuous use.
How does USDtb work?
USDtb is issued on Ethereum and Solana. Initially backed by BlackRock BUIDL. Issuance and redemption transitioned to Anchorage Digital Bank in October 2025. Direct mint/redeem available 24/7 for eligible users.
Key facts
- Ticker: USDTB
- USD-pegged stablecoin
- Backed by BUIDL and stablecoin reserve
- Anchorage Digital Bank issuer since Oct 2025
- Ethereum and Solana networks
Official links
Categories
Related coins
Compare
Frequently asked questions
What is USDtb?
Ethena Labs' USD stablecoin backed by tokenized Treasury exposure.
What backs USDtb?
BlackRock BUIDL tokenized Treasury fund plus stablecoin reserve.
External trackers
Choose a tracking site for USDtb: