Crypto

Ethena Announces UStb Stablecoin Backed by Blackrock’s BUIDL

Recently, the team behind USDe discussed various concerns related to its stability. Despite the challenging market conditions, USDe has demonstrated resilience and stability. The team highlighted the unique feature of USDe, which allows it to adjust its backing between basis positions and liquid stable products. Additionally, they mentioned the possibility of incorporating UStb during periods of weak funding rates to ensure stability.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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