RT Decentralised.Co (@Decentralisedco)With USDm, MegaETH is borrowing a page from the Fed’s playbook of using seigniorage to cut costs for the US economy.What is seigniorage?Think of it this way: if it costs the U.S. Treasury just 5 cents to print a $1 bill, that leftover 95 cents is pure profit, known as seigniorage. Additionally, when central banks issue $100 of new money, they typically buy $100 worth of Treasuries. The interest earned on those Treasuries is also broadly seigniorage.This “profit” allows ...

Decentralized finance protocol Ethena (ENA) submitted Tuesday a proposal to issue Hyperliquid's upcoming stablecoin, joining a bidding race that has already attracted a slew of companies like Paxos, Sky, Frax and Agora. The token would be fully backed by Ethena's USDtb, a stablecoin issued with federally chartered bank Anchorage Digital and fully backed by BUIDL, the tokenized money market fund by asset management giant BlackRock and Securitize. "We are excited to enable Ethena’s USDtb, which is 100% bac ...

RT Ethena Labs (@ethena_labs)We're excited for the launch of @Bybit_Official's WSOT 2025 and wish all traders good luck with USDe and USDtb collateral!#WSOT2025 #RewriteAndReshape https://t.co/A9nVnF5oew ...

Real World Assets (RWA) Sector Overview - RWA 领域在过去一年中 наблюдалось 970 亿美元的稳定币新流入 [1] - 报告重点关注了 Ethena Labs 的 $USDtb 和 BlackRock 的 $BUIDL [1] - 报告旨在剖析 RWA 领域突破性增长年份的关键因素 [1]

比特币（BTC）作为领先的加密货币，近期表现异常出色。其价格创下新高，达到123,000美元，总市 值因此攀升至2.38万亿美元，实现市值也首次突破1万亿美元。这一发展意义重大，因为即便价格如此 之高，仍有大量资本流入，这进一步凸显了市场对比特币作为全球资产的长期角色的信心日益增强。比 特币的市场地位正变得越来越稳固，尤其是在基金和机构对现货比特币交易所交易基金（ETF）的兴趣 持续增长的情况下。 7月30日，BOSS Wallet报道称，比特币的市值已超过1万亿美元，总市值达到2.38万亿美元。整个加密 货币市场的总市值正接近4万亿美元。这一里程碑标志着加密资产从边缘投资向主流金融资产的转变。 XBIT表示，推动这一轮扩张的核心力量包括现货ETF基金的持续流入、企业增持以及《天才法案》带 来的监管明确性。 最近，稳定币供应的增长明显加快，总供应量超过2550亿美元。XBIT（DEX交易所）的分析师认为， 这一监管框架加强了公众对法定稳定币的信任，降低了新进入者的准入门槛，并促进了市场的更大竞 争。预计这将降低交易成本，增强消费者和企业的交易体验，并增强全球对美元的需求。XBIT已经列 出了符合USDC和PY ...

Regulatory Compliance and Institutional Backing - Ethena Labs' USDtb is positioned to be the first regulated U S stablecoin under the GENIUS Act, ensuring compliance with mandatory 1:1 treasury backing, strict KYC/AML protocols [1] - 80% of USDtb reserves are allocated in BlackRock's BUIDL tokenized treasury fund, indicating strong institutional confidence [2] Yield Generation and Revenue Model - Ethena's hybrid yield model offers a 12% APY via crypto perpetual futures funding rates [2] - The model ensures a minimum yield floor of 4 25% through automatic collateral shift to USDtb [2] - The protocol has generated $31 million in monthly fees [3] - A fee switch activation is pending major exchange listings (Binance, OKX), which will provide revenue-sharing to sENA stakers [3] Market Position and Growth - USDe rapidly reached $7 billion in circulation, becoming the third-largest stablecoin globally [4] - Stablecoin transaction volumes have doubled Visa's in 2025, highlighting the growing relevance of stablecoins [3] - Ethena's model is considered safer than algorithmic stablecoins and more profitable than Circle's shared-profit structure [3] Strategic Initiatives and Investor Confidence - Ethena Foundation initiated a $260 million buyback, absorbing approximately 8% of ENA's circulating supply [4] - Approximately $5 million in daily buy pressure is anticipated over six weeks [4] - Prominent investor @CryptoHayes accumulated $4 58 million in ENA, signaling institutional confidence [4] Ecosystem Development - Terminal Finance partnership offers regulated access to yield-bearing assets, achieving $134 million TVL [4] - Pendle collaboration enables leveraged yield strategies, including significant yield multipliers (up to 55 8x) [4] - An upcoming institutional-focused blockchain (Converge Chain) is expected to enhance scalability and reduce costs [4]

🏦 DeFi Brief:Anchorage partners with Ethena to launch USDtb in the U.S., compliant with the GENIUS Act. Fluid DEX Lite launches a credit layer to cut gas and boost platform yield. World Liberty Financial angers token buyers with surprise vesting changes.5/6 https://t.co/bWNrVCOS19 ...

⚡️ LATEST: Ethena partners with Anchorage to bring USDtb onshore as the first stablecoin with a clear path to full U.S. GENIUS Act compliance. https://t.co/xR2zN7MdIx ...

Ethena announced a partnership with Anchorage, the only federally chartered crypto bank in the U.S., to transition USDtb from an offshore model to a federally regulated payment stablecoin. Ethena claims that its USDtb is expected to become the first stablecoin with a clear path to full compliance with the U.S. GENIUS Act. https://t.co/ohGvtbzSzK ...