Ethena is bringing its USDtb stablecoin to U.S. markets through Anchorage Digital, marking the first launch under the newly passed GENIUS Act.
Ethena Labs has partnered with Anchorage Digital, the first federally chartered crypto bank in the U.S., to bring Ethena’s stablecoin USDtb to the North American market as the first stablecoin compliant with the new GENIUS Act.
USDtb, previously only available offshore, will now be available in the U.S. through Anchorage Digital’s regulated bank platform. USDtb has a token supply of $1.45 billion on the Ethereum blockchain, as per data from RWA.xyz.
The partnership leverages Anchorage’s new stablecoin issuance platform, designed as a turnkey solution for other institutions seeking to launch regulated, U.S. dollar-backed digital assets…