Ethena USDtb USDtb

About Ethena USDtb

USDtb is a US dollar stablecoin from Ethena Labs. Unlike Ethena's crypto-native USDe design, USDtb is positioned as a reserve-backed dollar asset with exposure to traditional money-market infrastructure such as tokenized Treasury fund products. It is used for transfers, liquidity, and collateral across supported crypto markets and DeFi venues.