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Ethena's USDtb Launches on Arbitrum, Solana, Base, and Ethereum, Powered by LayerZero

Twitter icon  •  Published 4 days ago on December 17, 2024  •  Hassan Maishera

The LayerZero team announced via X on Monday that Ethena's USDtb is now live on Arbitrum, Solana, Base, and Ethereum, powered by LayerZero.

Ethena's USDtb Launches on Arbitrum, Solana, Base, and Ethereum, Powered by LayerZero

The LayerZero team announced via X on Monday that Ethena's USDtb is now live on Arbitrum, Solana, Base, and Ethereum, powered by LayerZero. USDtb is a stablecoin backed by BlackRock's BUIDL fund and tokenized by Securitize.

Ethena Labs chose LayerZero to securely connect USDtb across chains. USDtb joins $10B+ in Ethena assets, including ENA, USDe, and sUSDe, in adopting the OFT Standard.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $7.044, up 1% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.