Ethena to Bring $1.5 Billion USDtb Stablecoin to US with Anchorage Digital

Ethena Labs is set to introduce its $1.5 billion USDtb stablecoin in the U.S. market, leveraging a partnership with Anchorage Digital. The MOVE follows recent stablecoin legislation signed by President Donald Trump, which is anticipated to spur demand for compliant digital dollar tokens.

Anchorage Digital's turnkey issuance platform will enable regulated distribution of USDtb, though a specific launch date remains undisclosed. "GENIUS compliance will empower partners to expand USDtb's utility across new platforms," said Ethena Labs CEO Guy, highlighting institutional confidence in the regulatory framework.

The development signals growing competition in the stablecoin sector, with both crypto-native firms and traditional financial institutions vying for market share under clearer U.S. regulations.