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Aave Introduces USDtb by Ethena Labs to the Ethereum Core Market

Share on X icon · Published एक वर्ष पहले on May 13, 2025 · Hassan Maishera

Aave announced via X on Monday that USDtb by Ethena Labs is live on the Ethereum Core market.

Aave Introduces USDtb by Ethena Labs to the Ethereum Core Market

Aave announced via X on Monday that USDtb by Ethena Labs is live on the Ethereum Core market. USDtb is a digital dollar backed by institutional-grade tokenized treasury funds. Aave added that the supply cap is set at 50,000,000, and the borrow cap is set at 40,000,000.

Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $214.32 per token, down 2.8% in the last 24 hours.

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Hassan Maishera
Hassan Maishera Senior Reporter

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.

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