Ethena has announced Usual is migrating to USDtb as collateral for their stablecoin USD0

USDtb will soon become a primary collateral asset for Usual’s USD0, currently with over $850 million in TVL.

Blackrock's BUIDL represents the vast majority of the USDtb backing, currently the highest BUIDL allocation of any stablecoin in the market.

As part of this partnership, Usual will also launch an sUSDe vault for USD0++ holders, allowing Usual users to gain exposure to sUSDe APY and Ethena rewards alongside additional USUAL rewards.

USD0 is the latest scaled decentralized stablecoin of many to leverage Ethena powered assets.

Excited to announce @usualmoney is migrating to USDtb as collateral for their stablecoin USD0

This is the latest of many cutting-edge stablecoin protocols leveraging the composable benefits of Ethena's product set

Details below 👇 https://t.co/Utuw93UV5l

Ethena Labs

Ethena has announced Usual is migrating to USDtb as collateral for their stablecoin USD0

USDtb will soon become a primary collateral asset for Usual’s USD0, currently with over $850 million in TVL.

Blackrock's BUIDL represents the vast majority of the USDtb backing, currently the highest BUIDL allocation of any stablecoin in the market.

As part of this partnership, Usual will also launch an sUSDe vault for USD0++ holders, allowing Usual users to gain exposure to sUSDe APY and Ethena rewards alongside additional USUAL rewards.

USD0 is the latest scaled decentralized stablecoin of many to leverage Ethena powered assets.

https://x.com/ethena_labs/status/1869367144695378302