Ethena & Anchorage Digital Launch $1.5B USDtb Stablecoin in US—DeFi Just Got a Wall Street Upgrade
Stablecoin wars escalate as Ethena drops a $1.5 billion grenade—with institutional heavyweight Anchorage Digital handling the pin.
| The institutional playbook |
Forget meme coins—this is DeFi's Trojan horse. By partnering with Anchorage (the O.G. crypto custodian for suits), Ethena's USDtb isn't just crossing into US markets—it's bypassing crypto's trust issues entirely. The move screams 'institutional adoption' louder than a Bloomberg Terminal alert.
| Why it matters |
That $1.5 billion isn't just liquidity—it's a direct challenge to Tether's throne. And with Anchorage's regulatory street cred? Watch legacy finance suddenly 'discover' the benefits of blockchain—now that there's a Goldman-approved wrapper.
Closing thought: Nothing accelerates crypto innovation like the scent of institutional fees. Welcome to the era of compliant disruption—where even decentralization gets a KYC check.