Ethena Taps Anchorage to Issue $1.5 Billion USDtb Stablecoin in U.S. Under GENIUS Act

Ethena Taps Anchorage to Issue $1.5 Billion USDtb Stablecoin in U.S. Under 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…

TRON’s Nasdaq debut a dud; Ethena stablecoin coming to America

TRON’s Nasdaq debut was a double-digit dive, while some ‘offshore’ stablecoins like USDtb seek U.S. compliance amid market challenges. The post TRON’s Nasdaq debut a dud; Ethena stablecoin coming to America appeared first on CoinGeek.

Arthur Hayes Buys 2 Million Ethena Tokens Worth $1.06 Million After Anchorage Partnership

TLDR Arthur Hayes purchased 2.16 million ENA tokens worth $1.06 million following Ethena’s partnership with Anchorage Digital Hayes now holds 7.76 million ENA tokens valued at $3.73 million and expects the price to reach $1 ENA price surged 8% to $0.50 with daily trading volumes exceeding $1 billion Ethena and Anchorage are developing a GENIUS Act-compliant stablecoin to expand USDtb in the US market USDtb stablecoin has a market cap of $1.4 bi…

$USDtb Stablecoin Partnership Drives GENIUS Act Compliance

In a bold move toward stablecoin regulation and innovation, Ethena Labs has partnered with Anchorage Digital to bring its synthetic dollar, $USDtb, fully onshore in the United States. This new partnership aims to make $USDtb the first stablecoin to clearly align with the U.S. GENIUS Act—a framework shaping the future of digital assets in the country. The news reported by crypto.news, signals a major shift in how stablecoins can operate in regula…

ENA Jumps 15% as Ethena Inks Major Deal with Anchorage - Crypto News Flash

ENA price surged 15.7% in 24 hours after Ethena partnered with Anchorage to issue a U.S.-compliant stablecoin. The collaboration sets USDtb on track to become the first GENIUS Act-compliant onshore payment stablecoin. The Ethena Labs token (ENA) has surged 15.7% in the past 24 hours, and its weekly total has already surpassed 28%. The price of ENA briefly touched $0.5246 at the time of writing. This surge followed a major announcement from Ethen…

Anchorage Digital Will Launch First GENIUS-compliant Stablecoin in US

Anchorage Digital Will Launch First GENIUS-compliant Stablecoin in US Anchorage Digital will issue Ethena Labs' USDtb stablecoin in the US.